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$ 900,000
Est. payment | /mo
0.55 Acres Lot
$ 900,000
Est. payment | /mo
0.55 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 8537673
HOA Y/N No
Year Built 1986
Lot Size 0.550 Acres
Acres 0.55
Property Sub-Type Retail
Property Description
Located in Englewood, Colorado, this prime commercial property offers unbeatable visibility and access. Currently operating as a Circle K convenience store and gas station, the 1,320 sq. ft. retail building is complemented by a 792 sq. ft. standalone car wash. The property boasts eight covered fuel pumps and is positioned just off a major thoroughfare, ensuring steady drive-by traffic. With Circle K currently having an absolute triple-net lease in place, with current base annual income of $43,044 and 4.8% cap rate, this investment is a turnkey opportunity. The current lease runs until the end of November, with a potential 15 year renewal—, in successful 5 year terms—terms to be negotiated. Don't miss your chance to secure a highly visible, income-producing asset in a dynamic location!
Location
State CO
County Arapahoe
Zoning Convenience Store/Gas
Exterior
Waterfront Description Public
Private Pool No
Building
Lot Description Corner Lot, Landscaped
Sewer Public Sewer
Water Public
Others
Tax ID 032872560
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed byAjax Realty Group