Auto Service - Gas-Conv
Alta | 14+ Years Remaining on Absolute NNN Lease
938 S Townsend Ave, Montrose, CO 81401
Listing Price: $2,997,670
Cap Rate
5.75%
Tenant Name
Alta
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
1,710
Lease Type
Absolute Net
Rent Per Square Feet
$100.80
Investment Overview
The subject property is an absolute NNN leased gas station and c-store located in Montrose, Colorado.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
Auto Service - Gas-Conv
Alta | 14+ Years Remaining on Absolute NNN Lease
Listing Price: $2,997,670
Cap Rate
5.75%
Tenant Name
Alta
Years Remaining On Lease
14.7
Guarantor
Corporate Guarantee
Rentable SF
1,710
Lease Type
Absolute Net
Rent Per Square Feet
$100.80
Investment Highlights
- Absolute NNN – zero landlord responsibilities
- 14+ years remaining on Lease
- Potential bonus depreciation
- Tenant operates 140+ locations
Investment Overview
The subject property is an absolute NNN leased gas station and c-store located in Montrose, Colorado.
Broker of Record
-
Adam Lewis
Senior Managing Director, Market Leader- Colorado/Idaho
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