For Sale
$1,935,000

430 Eagleridge Blvd Pueblo, CO 81008

High-yield auto shop, strong tenant, 19 years remaining.

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
139
This exceptional investment opportunity presents a 5,204 square foot Big O Tires property in Pueblo, Colorado. Located at 430 Eagleridge Blvd, this single-unit auto shop boasts a prime location at the main entrance to a cluster of national retailers including Walmart, Home Depot, Sam's Club, and Starbucks, ensuring high visibility and traffic. The property sits on a 0.68-acre lot and benefits from convenient access to I-25. The building, constructed in 1999, is zoned B3 and features a 20-year absolute triple net (NNN) lease with 19 years remaining. The lease includes 10% rent bumps every five years and two five-year renewal options, providing predictable income growth and long-term stability. The current annual net operating income (NOI) is $126,000, resulting in a 6.51% cap rate. This investment offers a strong tenant profile with a proven track record in a growing commercial area with a diverse mix of retail, dining, and service businesses. The Pueblo, CO metro area's population of 169,000 further strengthens the investment's potential. This is a turnkey investment with significant upside potential.

Highlights

  • High-visibility location on Eagleridge Blvd with I-25 access.
  • Prime location at the entrance to national retailers including Walmart, Home Depot, Sam's Club, and Starbucks.
  • Thriving commercial area with diverse retail, dining, and service businesses.
  • Strong, established tenant with a proven track record.

Property Details for 430 Eagleridge Blvd

Property type
Retail properties, Auto shops
Square Feet
5,204 SF
Year Built
1999
Buildings
1
Lot Size (sq. ft)
29,621 SF
Units
1

Location Insight

City
Pueblo
County
Pueblo
State
Colorado
Latitude
38.319688209498
Longitude
-104.61377216271

FAQs

What type of property is this?
Retail property - High-yield auto shop, strong tenant, 19 years remaining.
Where is the retail property located?
The property is located at 430 Eagleridge Blvd Pueblo, CO.
What is the asking price?
The asking price for this property is $1,935,000.
What are key features of this property?
This property features: High-visibility location on Eagleridge Blvd with I-25 access.; Prime location at the entrance to national retailers including Walmart, Home Depot, Sam's Club, and Starbucks.; Thriving commercial area with diverse retail, dining, and service businesses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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430 Eagleridge Blvd
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