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Investment Income Property Triple

62487 Us Hwy 40 : Granby, CO 80478

Grand County, Colorado

1.17 Acres
$1,499,000 USD
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Property Description

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.

More Property Details

Has Residence / Home
Has Commercial Building
MLS / Internal / Other ID
101 Days Ago
Last Updated
101 Days Ago
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