For Sale
Multi-Tenant Retail | Gunnison, CO
Asking Price: $1,150,000 | Cap Rate: 9%
- Net Operating Income: $103,591
- Lease Type: Net
Property Highlights
- 100% leased to local tenants with strong store sales
- Long-term occupancy with multiple lease extensions from 75% of the building; proving a commitment to the site
- The property is a part of an association, which makes this a very hands off investment
- Low price per foot ($100.43); well below replacement cost