FOR SALE
$1,299,000
1.0 baths 8,400 SqFt 1.2 Acres

INVESTMENT INCOME PROPERTY TRIPLE NET LEASE WITH LONG FUTURE

Mountain Homes for Sale and Mountain Properties for Sale near Granby, Colorado

62487 US HWY 40, Granby, Colorado 80478

See this property

Brett Gingery
(970) 726-2020



DETAILS

Prime investment opportunity, security of the investment is derived from the simplicity of a single tenant and successful 30+ year business operating under an Absolute Net (NNN) lease in which they are responsible for all real estate taxes, insurance, maintenance and roof & structure. Tenant has 3 years left with current lease and 2 five year options with lease accounting for inflation. The subject building is located in the highest traffic area of Grand County and is in close proximity to everything the Mountains of Colorado have to offer. This Parts, Equipment, and multiple service provider is historically and currently the keystone of this resort community for parts and supplies. This rapidly developing mountain town is the last undeveloped mountain valley with close proximity to the huge and expanding population base of the Colorado Front Range and Denver, this area has seen significant and rapid growth due to the availability for development and countless activities right outside the front door. Ski resorts such as Winter Park and Granby Ranch, numerous golf courses, 13+ reservoirs including Lake Granby, Shadow Mountain, and Grand Lake, Fishing on the upper Colorado and Fraser Rivers, hundreds of thousands of acres of public land boasting 1000's of miles of trails for both off road and non-motorized recreation, hiking, hunting, and at the southern end of Rocky Mountain National Park. Lease is available for viewing, contact listing broker for confidentiality agreement and lease.

PROPERTY FEATURES
  • Highway 40 Frontage

  • Absolute Net Lease

  • Tenant pays utilities and tax

  • 3 years left on current lease

  • 2-5 year options for tenant

  • Successful 30+ years business

  • Booming Mountain Town location

  • Secure low risk investment

  • Commercial Property
  • Mountain Property
  • Businesses for Sale
  • Industrial
  • Investment & Income
PROPERTY DETAILS
  • Street Address: 62487 US HWY 40
  • City: Granby
  • State: Colorado
  • Postal Code: 80478
  • County: Grand
  • County: United States
  • Subdivision: granby
  • MLS#: 05098-18921
  • Year Built: 1965
  • Courtesy of : United Country Gingery & Associates Inc.
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