For Sale Commercial Real Estate Listings in Glenwood Springs, Colorado
FOR SALE * $2,455,000 * Retail * Glenwood Springs, Colorado * Full Listing
Ideal 1031 near Aspen and Vail, CO- Two tenant net leased retail property with national and regional credit. CSK Auto, Inc. (NYSE: CAO) dba Checker Auto occupies 85% of the property and Big O Tire franchisee occupies the balance of the property. Both tenants are on long term NNN leases with escalations making for easy property management: Checker has 13 years remaining and Big O is on brand new 10 year lease. Checker escalates every 5 years at 10% and Big O has annual 2% increases. Property was fully remodeled specifically for CSK in 2006. Property sits on out lot of the Glenwood Springs Mall which is anchored by JC Penny, Staples, Dunlap’s and K-Mart. Property is directly off of Interstate 70. Property is less than one hour from Aspen and Vail Ski Areas and 30 minutes to Eagle/Vail Airport.
Glenwood Springs, Colorado is the retail center and county seat for Garfield County and benefits from the highly mobile population of Vail (East) and Aspen (South) and the current expansion...
[ Loan Quote for this Property ] [ Find a Broker ] [ Advanced Search ]
| For Lease Commercial Real Estate ListingsThere are currently no for lease listings in this city. |
