Skip to main content

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

Department Store

Ross Dress for Less

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

MM Texture Background
MM Textured Background Lower