279 South Purcell Boulevard Pueblo Pueblo, CO 81007

Building Details

Year Built

2013

Listing agency Faris Lee Investments j***@farislee.com Show Phone

Listed by Jeff Conover · License #CalDRE #01008195 Show Phone

Source Farislee

Added: Mar 6 Updated: Jul 6 at 10:51AM Checked: Jul 21 at 3:35AM

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Investment Insights

Based on property information with market context.

Located in Pueblo West, Colorado, a rapidly growing residential community at the base of the Rocky Mountains, this retail property is situated within a key metropolitan district of the greater Pueblo area. The area, home to approximately 35,000 residents, functions as a central point for lifestyle and recreation in the region. The local economy is supported by its quality of life, attracting a skilled workforce for major regional employers in healthcare, education, and retail. The property benefits from its proximity to Lake Pueblo State Park. The property is a stabilized NNN retail investment with long-term leases and is priced below replacement cost. It offers a passive NNN investment with minimal landlord obligations and inflation-protected income, with tenants covering expenses and maintenance. Fee simple ownership of the land and building allows for potential tax benefits through cost segregation. There is an opportunity for value add through the lease up of 1500 square feet. The property features a high-profile retail location with unobstructed street visibility and strong trade area demographics.

Key Highlights

• Attractive 7.50% yield, stabilized NNN retail investment.
• Priced below replacement cost at $231 PSF.
• Passive NNN investment with minimal landlord obligations; tenants cover expenses and maintenance.

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FAQs

What type of property is this?

Retail space - NNN retail investment opportunity in growing Pueblo West, Colorado.

Where is this retail space located?

The property is located at 279 South Purcell Boulevard Pueblo Pueblo, CO.

What is the asking price?

The asking price for this property is $5,096,000.

What are key features of this property?

This property features: Attractive 7.50% yield, stabilized NNN retail investment.; Priced below replacement cost at $231 PSF.; Passive NNN investment with minimal landlord obligations; tenants cover expenses and maintenance.