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LOCAL SHOPPETTE WITH OFFICES AND RETAIL UNITS ON THE ST. CHARLES MESA AREA OF PUEBLO COLORADO. GOOD PARKING HIGH TRAFFIC LOW COMPETITION. BELOW MARKET RENTS
Net Lease Realty Partners is pleased to present for sale the O' Reilly Auto Parts located on North Market Plaza in Pueblo West, Colorado. O' Reilly' s occupies 6,500 square feet freestanding building and operates under an absolute triple net lease with no landlord responsibilities. The site location is well situated right off US 50 in the center of Pueblo West' s retail center. It is highly visible and it has easy access for ingress and egress. Traffic is driven to this location by other recognizable, high quality retail tenants such as Walgreens, Safeway, Dollar Tree, McDonald' s, and Grease Monkey.
Liquor store with great cash flow includes 2 lots and 3 buildings with an existing liquor store business, 2216 E 4th Street is being leased out at $450.00 per month (1,248 sqft) and a single family home which operator is using as a living quarter. Liquor store feature more than 2,000 sqft of retail space includes 17 door walk in cooler and a separate 6 door cooler. Attached warehouse adds another 2,880 Sqft and has 12 foot ceilings and commercial double doors for easy loading. This building also has a basement of approximately 1,800 sqft that can be used for additional storage and living quarters with bathroom. Drive thru window and access is set up for future operator. Large lot just over 1 acre also is fenced and has opportunities to add another business or storage.
Marcus & Millichap is pleased to offer for sale this net-leased Family Dollar investment property located in Pueblo, CO. Built in 2002, Family Dollar completed its 10 year primary term and exercised its first of four 5-Year options to renew with no re-negotiation or request for rent reduction. There are currently 2.5 years remaining on its first option period. Each option period includes a 10% increase in rent. The lease is a net-lease, with Family Dollar paying all real estate taxes, property insurance, and common area maintenance expenses. The landlord is responsible for all structural portions of the building. The lease is guaranteed by Family Dollar Stores, Inc (NYSE: FDO).
Marcus & Millichap is pleased to present the exclusive listing for Red Lobster located at 3306 North Elizabeth Street in Pueblo, Colorado. The property is roughly 8,356 square feet and is situated on approximately 1.80 acres of land. This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 23.75 years remaining on the lease. Current annual rent is$277,736. The rent is scheduled to increase by two percent annually, including through the four, five year tenant renewal options.
Former Johnny Carino' s Restaurant building located just off I-25 in north Pueblo Restaurant building is located in the Pueblo Crossing Shopping Center, on the I-25 frontage road just north of the Eagleridge/I-25 interchange Improved access coming soon with the Dillon Drive/I-25 Interchange Adjacent to Chili' s, Best Buy, Kohl' s, Old Navy, Petco, Bed Bath & Beyond and other national retailers
Capre Commercial is proud to present this excellent investment opportunity. Newer 2013 build with a 15 year NNN lease. Advance Auto Parts,INC, operates as a retailer of automotive parts, accessories, and maintenance items to do it yourself. They recently acquired CarQuest (General Parts International) for $2 billion, making it the largest auto part dealer in the country with a combined 5,276 company operated stores, 105 Worldpac branches, and 1400 independently owned CarQuest branded stores across 49 states, Puerto Rico, The Virgin Islands, and Canada. Advance Auto Parts is currently headquartered in Roanoke, VA and was founded in 1932. As of December 28,2014, the company employed approximately 74,000 people. It premiered on the Fortune 500 list of companies in 2003, and has remained on the list ever since. As of January 3, 2015, Advance Auto Parts, INC had total revenues of $9.84 billion, a net income of $493.83 million, a net worth in excess of $2.00 billion, and an S&P credit rating of BBB-.
Next Door to High-Performing Family Dollar.