Department Store
Ross Dress for Less
3051 Mathews St, Fort Collins, CO 80525
Listing Price: $5,000,000
Cap Rate
7.00%
Tenant Name
Ross Dress for Less
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
25,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.00
Investment Overview
Marcus & Millichap is pleased to offer for sale the Ross Dress for Less in Fort Collins, Colorado
Investment Highlights
- NNN LEASE TO JANUARY 2031 WITH A 7.1% OPTION STEP
- STORE VISITS UP 20.6% YOY | LONG TERM COMMITMENT TO SITE
- INVESTMENT-GRADE CORPORATE TENANT, S&P A- (NASDAQ: ROST)
- PROPERTY LOCATED IN THE COMMERCIAL HEART OF FORT COLLINS
- RENT 32% BELOW THE NEIGHBORING NORDSTROM RACK
Exclusively Listed By
Listing Price: $5,000,000
Cap Rate
7.00%
Tenant Name
Ross Dress for Less
Years Remaining On Lease
4.3
Guarantor
Corporate Guarantee
Rentable SF
25,000
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$14.00
Investment Highlights
- NNN LEASE TO JANUARY 2031 WITH A 7.1% OPTION STEP
- STORE VISITS UP 20.6% YOY | LONG TERM COMMITMENT TO SITE
- INVESTMENT-GRADE CORPORATE TENANT, S&P A- (NASDAQ: ROST)
- PROPERTY LOCATED IN THE COMMERCIAL HEART OF FORT COLLINS
- RENT 32% BELOW THE NEIGHBORING NORDSTROM RACK
Investment Overview
Marcus & Millichap is pleased to offer for sale the Ross Dress for Less in Fort Collins, Colorado
Exclusively Listed By