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22 Fawn Dr
Tabernash, CO 80478

$2,950,000 USD

Land For Sale  •  3.49 AC

Property Details

  • Property Type Land
  • Lot Size 3.49 AC
  • Zoning Business
0 Transit Score
0 Walk Score

Description

Prime Investment Opportunity - NNN Retail Property with Residential Rental Component. This exceptional offering includes a fully leased commercial property anchored by a high-quality national tenant under a 5-year NNN lease with a 5-year extension option, delivering a solid 7% cap rate. The tenant provides strong stability and consistent income, making this an attractive investment for both seasoned and first-time investors. In addition to the commercial buildings, the property includes a 4-bedroom, 4-bathroom residence currently rented to the seller's family at below-market rates, providing additional upside for future rental income.

Key Highlights:

- 7% Cap Rate with long-term national tenant
- NNN Lease - 5 years remaining plus 5-year extension option
- 4 Bed / 4 Bath House included (currently under-rented, future upside)
- Sale includes land, house, propane installation and buildings
- Business and equipment of Aim High (REIC) excluded from sale

Formerly Indian Peaks Rental, property is now operated by Aim High, a division of REIC

This rare investment combines secure commercial cash flow with residential rental income potential, creating a diversified income stream in one property.

Please schedule a tour and do not disturb tenants

Highlights

NNN lease on the Aim High (REIC) yard space and building
Under rented 4 bed + 4 bath house (2 units)
NOI ~198,000

Property Flyers

Financial Summary (Actual)

Net Operating Income: $198,000 USD (2024)

Public Transportation

Commuter RailDriveWalkDistance
13 min - 7.0 mi
13 min - 7.5 mi
John Sanderson 970-531-9926 RE/MAX Peak to Peak
John Sanderson 970-531-9926 RE/MAX Peak to Peak