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316 W Aspen Ave
Fruita, CO 81521

Walgreens · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 8+ Years Remaining, Absolute NNN Lease with Zero Landlord Responsibilities
  • Corporate Guaranty (NYSE: WBA) by Fortune 500 Company, 8,400+ Locations with $147.7 Billion in Revenue
  • Serving 49,000+ Residents in Growing Suburb to Grand Junction
  • Strong Unit-Level Sales, Reported Sales in Excess of $3.1 Million
  • Strategic Location, Nearest Walgreens is Over 11 Miles Away and CVS is Over 9 Miles Away
  • Mesa County is One of the Fastest Growing Counties in Colorado

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,406 SF
Building Class
C
Year Built
2007
Price
$6,928,547 CAD
Price Per SF
$481 CAD
Cap Rate
7.40%
NOI
$512,744 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.77 AC
Zoning
DCRD - Retail Trade
Parking
63 Spaces (4.37 Spaces per 1,000 SF Leased)
Frontage
196 ft on W Aspen Avenue

AMENITIES

  • Corner Lot
  • Freeway Visibility
  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2697-172-29-002
Land Assessment
$409,199 CAD
Improvements Assessment
$621,778 CAD
Total Assessment
$1,030,977 CAD
  • Listing ID: 35000983

  • Date on Market: 2025-03-03

  • Last Updated:

  • Address: 316 W Aspen Ave, Fruita, CO 81521

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