331 Us-24 Leadville, CO 80461
High-yield, multi-tenant retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Net-leased retail property in Leadville, CO, on US-24.
- 5,600 SF building, 100% occupied by two tenants (Cloud City Medical & Leadville Rental Center), each in 2,600 SF.
- Net lease structure with minimal landlord responsibilities and regular rent bumps (2.44%-3%).
- High visibility location with ample parking on a 0.59-acre lot.
- $1,150,000 asking price, 7.93% cap rate (8.16% pro-forma), $91,200 NOI ($93,804 pro-forma).
Property Details for 331 Us-24
- Property type
- Retail properties, Retail space
- Square Feet
- 5,600 SF
- Year Built
- 1980
- Buildings
- 1
- Stories
- 2
- Lot Size (sq. ft)
- 25,875 SF
- Units
- 2
Location Insight
- City
- Leadville
- County
- Lake
- State
- Colorado
- Latitude
- 39.2417294
- Longitude
- -106.2947935
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, multi-tenant retail investment.
- Where is the retail property located?
- The property is located at 331 Us-24 Leadville, CO.
- What is the asking price?
- The asking price for this property is $1,150,000.
- What are key features of this property?
- This property features: Net-leased retail property in Leadville, CO, on US-24.; 5,600 SF building, 100% occupied by two tenants (Cloud City Medical & Leadville Rental Center), each in 2,600 SF.; Net lease structure with minimal landlord responsibilities and regular rent bumps (2.44%-3%).
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