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