- For Sale $2,237,402
- Property Type Retail - Street Retail
- Property Size 1,920 SF
- Lot Size 0.49 Acre
- Property Tenancy Single Tenant
- Year Built 2018
- Date Updated Apr 22, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Highlights
- A single-tenant Starbucks located in growing Cañon City, CO
- The lease structure is NN with a corporate guaranty, making this a passive investment opportunity for a hands-off investor
- 10% annual rental increases every 5-years during the primary term and option periods, providing an investor with a hedge against inflation
- Prominent location along the main retail corridor through Cañon City and the only freestanding Starbucks with drive through within a 35-mile radius
- The property has excellent visibility located along Royal Gorge Boulevard, with traffic counts exceeding 22,000 VPD
- Located minutes from both a middle school and high school, providing a steady flow of patrons in the mornings and afternoons
- Neighboring tenants include Safeway, Walgreens, Wendy’s, Sonic Drive-In, Taco Bell, and Dairy Queen
False
Contacts
Location
Getting Around
-
Walk Score ®
73/100 Very Walkable -
Bike Score ®
64/100 Bikeable
- City Canon City, CO
- Zip Code 81212
Points of Interest
-
Western Convenience Store
0.06 miles
-
GASMAT
0.28 miles
-
Loaf 'N Jug
0.34 miles
-
Shell
0.68 miles
-
Exxon
0.72 miles
-
Conoco
1.28 miles
-
Shell
1.92 miles
-
Sells Avenue Trailhead
0.51 miles
-
Raynolds/Ash Trailhead
1.42 miles
-
Eagle Wing Trailhead
1.59 miles
-
Mackenzie Trailhead
3.31 miles
-
horse trailer parking
6.31 miles
-
Oil Well Flats
6.34 miles
-
FCI Florence
8.95 miles
-
USP Florence High
9.16 miles
-
ADX
9.54 miles
-
Waffle Wagon
0.04 miles
-
Sonic
0.13 miles
-
Taco Bell
0.17 miles
-
Wendy's
0.17 miles
-
Papa Murphy's
0.18 miles
-
Momo's Sushi Bar
0.24 miles
-
China Rice
0.31 miles
-
Village Inn
0.53 miles
-
Subway
0.57 miles
-
Old Mission Mexican Resaurant
0.58 miles
-
Safeway
0.09 miles
-
City Market
0.39 miles
-
Walmart Supercenter
2.07 miles
Frequently Asked Questions
What is the lease rate for Starbucks?
Rental asking rate at Starbucks is $1,118,701.00/YR.
What is the total square footage of Starbucks?
Starbucks totals 1,920 square feet.
When was this property built?
Starbucks was built in 2018.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.