Description
Current Cap rate 6.5%.Great location-In the heart of Old Colorado City. On the busy Colorado Ave. Close to Highway 24.Stable tenant, good business. The tenant has been in the property for 17 years.Allot maintenance objects have been done or on schedule, including roof, new AC, water heater, walls...NNN, easy to manage. Tenant pays NNN including utilities,maintenance. Owner has no expense.Free public parking behind.
-
0BEDS
-
0.08ACRES
-
0BATHS
-
01/2 BATHS
-
5,500SQFT
-
$236$/SQFT
School Ratings & Info
Listing provided courtesy of Trade Bridge Realty.Description
Current Cap rate 6.5%.Great location-In the heart of Old Colorado City. On the busy Colorado Ave. Close to Highway 24.Stable tenant, good business. The tenant has been in the property for 17 years.Allot maintenance objects have been done or on schedule, including roof, new AC, water heater, walls...NNN, easy to manage. Tenant pays NNN including utilities,maintenance. Owner has no expense.Free public parking behind.
The Daniels Team - RE/MAX Millennium- Licensed in the State of Colorado.
The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2019-10-19T17:40:52.477.