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$1,373,614
24 Days On Site
997 S Hwy 50 Business LoopOlathe, CO 81425
For Sale|Retail|Active
0
Beds
0.5
Total Baths
1
Partial Bath
9,236
SqFt
$149
/SqFt
2020
Built
County:
Montrose
Listing courtesy of Justin Osborn of The Wells Group of Durango, LLC
Call Now: (970) 209-8221
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(970) 209-8221
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Monthly Payment (Est.)
$6,267Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.
Absolute NNN lease with over 10 years remaining on the initial 15 year lease at a 6.75% cap rate. Building is only 5 years old, sits on 1.39 acres, and has 30 parking spaces. This is true "mailbox money" with zero management responsibilities by the owner. Tenant pays all insurance, taxes, maintenance, and operating expenses.
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Listing Snapshot
Price
$1,373,614
Days On Site
24 Days
Bedrooms
N/A
Inside Area (SqFt)
9,236 sqft
Total Baths
0.5
Full Baths
N/A
Partial Baths
1
Lot Size
1.39 Acres
Year Built
2020
MLS® Number
825192
Status
Active
Property Tax
$41,216
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Acres
1.39
Foundation
Slab
Parking Spaces
30
Property Sub Type
Retail
SqFt Total
9236
Water Source
Public
Zoning
Commercial
Interior Features
Heating
Forced AirNatural Gas
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Exterior Features
Road Frontage
State Road
Community Features
MLS Area
Olathe
Listing courtesy of Justin Osborn of The Wells Group of Durango, LLC
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer - https://crenmls.com/full-cren-disclaimer-2/
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer - https://crenmls.com/fair-housing-disclaimer/
Last checked: 2025-07-02 07:26 AM UTC
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Colorado Real Estate Network, Inc. (CREN), © Copyright 2025. All rights reserved. All data is deemed reliable but not guaranteed and should be independently verified. This database record is provided subject to “limited license” rights. Duplication or reproduction is prohibited.
FULL CREN Disclaimer - https://crenmls.com/full-cren-disclaimer-2/
Real Estate listings held by companies other than CREN contain that company’s name.
Fair Housing Disclaimer - https://crenmls.com/fair-housing-disclaimer/
Last checked: 2025-07-02 07:26 AM UTC
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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