45 Stafford LnDelta, CO 81416

  • Retail properties
  • 1,526 SF
For Sale
$2,112,000 View listing

Property Details for 45 Stafford Ln

Year built
2005
Lot size
0.81 AC
Property size (Sq ft)
1,526 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a 1,526 square foot Sonic Drive-In restaurant located at 45 Stafford Lane, Delta, CO 81416. The property boasts a brand new 20-year absolute triple-net (NNN) sale-leaseback agreement with a franchisee tenant, eliminating all landlord responsibilities. The lease features a 10% rent increase every five years, providing a strong hedge against inflation. The property's strong performance is evidenced by a healthy 5% rent-to-sales ratio, exceeding Sonic's national average unit volume. Situated on a 0.81-acre lot, this outparcel location benefits from its proximity to a Walmart Supercenter and other national retailers such as Safeway and Anytime Fitness, ensuring high visibility and traffic. The location is strategically positioned near Delta Health, a regional hospital, and Westwinds Airport, further enhancing its appeal. Built in 2005, this property is ideally situated at the intersection of Highway 50 and Highway 92, providing excellent access for both local residents and tourists. The Delta location is within an Opportunity Zone, offering additional investment incentives. The property's success is further supported by its established 20-year operating history in a target demographic with limited competition. The asking price is $2,112,000, representing a $1,384.01 price per square foot and a 6.25% cap rate with a current NOI of $132,000. The lease includes four 5-year renewal options. This is a rare opportunity to acquire a high-performing, low-maintenance investment property with significant long-term growth potential.

45 Stafford Ln, Delta, Colorado

Location Insight

City
Delta
County
Delta
State
Colorado
Latitude
38.7495
Longitude
-108.051

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].