Master Lease Retail Strip
1811 Fremont Drive Canon City 81212
1811 Fremont Drive, Canon City, 81212
$2,675,000
For Sale
$2,675,000
COMMERCIAL - Canon City
Property Size36,532 SF
Lot Size2.68 Acres
Price / SF$73.22
Days on Market276
Property Features for 1811 Fremont Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 12007950
- Lot size
- 2.68 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- SUBD: M & B OR UNKNOWN IMPS ONLY ON OXFORD LAND IN SE4SE4 SEC 28-18-70 TR-789J
- Tax Annual Amount
- 40937
Building Details
- Year built
- 1971
Listing agency
Kurt Zerby Real Estate Group
(719) 276-2500
Listed by
Kurt L. Zerby
(719) 276-2500
Added: Oct 20, 2025 Updated: Jul 22 at 5:00PM Checked: Jul 22 at 10:06PM
MLS# 7359785
Copyright © 2026 Royal Gorge Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This offering is for the purchase and sale of a seasoned master lease on a small strip center; no real estate is being conveyed. The marketplace center totals 36,532 rentable square feet under roof, with 78.6% fully leased and paying rent, including a regional counseling center and franchise tenants.
The master lease is structured with a current expiration date of December 31, 2029, and includes 11 automatic extensions of 5 years each, reaching out to 2084. Lease tenant examples cited in the offering include Harbor Freight, T-Mobile, and AutoZone, with renewable extension provisions described within their respective lease terms. The center is described as having highly visible, accessible frontage on US Highway 50 via the frontage road on Fremont Drive, with a marquee signage feature for tenants. The property also includes approximately an additional 65,000 square feet of paved parking.
The master lease is structured with a current expiration date of December 31, 2029, and includes 11 automatic extensions of 5 years each, reaching out to 2084. Lease tenant examples cited in the offering include Harbor Freight, T-Mobile, and AutoZone, with renewable extension provisions described within their respective lease terms. The center is described as having highly visible, accessible frontage on US Highway 50 via the frontage road on Fremont Drive, with a marquee signage feature for tenants. The property also includes approximately an additional 65,000 square feet of paved parking.
Key Highlights
- Master lease extending to 2084 with automatic 5‑year extensions.
- 78.6% occupancy rate with franchise tenants Harbor Freight, T‑Mobile, and AutoZone.
- Located in Canon City, Colorado, a popular tourist destination with a mild climate.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Strip malls
Similar For Sale Nearby
FAQs
What type of property is this?
Strip mall - Seasoned master lease for a strip center with 78.6% leased rent-paying space and multiple extension terms through 2084.
Where is this strip mall located?
The property is located at 1811 Fremont Drive Canon City.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: Master lease extending to 2084 with automatic 5‑year extensions.; **78.6% occupancy rate** with franchise tenants Harbor Freight, T‑Mobile, and AutoZone.; Located in Canon City, Colorado, a popular tourist destination with a mild climate.
