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Freestanding Walgreens with Drive-Thru
For Sale
Contact for pricing
Pending

2701 Main Ave, Durango, CO 81301

Freestanding Walgreens with drive-thru on an absolute NNN lease structure.

Property Size14,070 SF
Days on Market150

Property Features for 2701 Main Ave

General Information

Standard status Pending
Size 14,070 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Marcus & Millichap - Downtown San Diego
Listed By: Robb Johnson · License #CA 01357737
Source: Crexi
Added: Apr 11 Changed: Aug 23 Last Checked: Sep 7 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Downtown San Diego

Investment Insights

Based on property information with market context.

This freestanding Walgreens property includes a drive-thru and is offered for sale under an absolute NNN lease structure. According to the remarks, there are just over 11.5 years remaining on an original 15-year absolute NNN lease.

The site is located along Main Avenue (Highway 550) at a signalized intersection with W. 24th Street, which supports prominent exposure and accessibility. The surrounding area includes nearby traffic generators such as the Durango Community Recreation Center, the La Plata County Fairgrounds, Durango High School, and Miller Middle School. Neighboring retailers referenced in the remarks include Starbucks, Taco Bell, Four Corners Community Banks, and Durango Doughworks.

The lease terms described in the remarks include rare 5% increases every five years throughout the base term and (12) 5-year renewal options.

Key Highlights

  • 14,070 SF freestanding Walgreens with drive‑thru on an absolute NNN lease structure
  • Just over 11.5 years remaining on an original 15‑year absolute NNN lease
  • Lease includes very rare 5% increases every five years throughout the base term

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Cosmetic Store Walgreens Photo (Bike/Boat/Book/etc) Store COVID-19 Drive-Thru Testing ... Pharmacy Allpoint ATM Atm

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Garden Center Locksmith Bakery Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby
78k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 40% Dining 37% Shops & Services 20% Hotels & Casinos 3%
City Market Groceries
30,798 visits/mo 0.4 miles
Starbucks Dining
15,391 visits/mo 0.1 miles
Taco Bell Dining
13,473 visits/mo 0.1 miles
Marathon Shops & Services
8,258 visits/mo 0.2 miles
O'Reilly Auto Parts Shops & Services
5,207 visits/mo 0.3 miles

Demographics for 81301, CO

30,760
Population
16,548
Households
1.9
Avg Household Size
40
Median Age
58%
College-Educated
98%
High-School Grad
755.4 sq mi
ZIP Area
41
Density / Sq Mi
$83,209
Median Household Income
$41,777
Median Earnings
$1,433
Median Rent
$634,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Walgreens Pharmacy 2701 Main Ave, Durango, CO 81301
  • COVID-19 Drive-Thru Testing at Walgreens 2701 Main Ave, Durango, CO 81301
  • Jeff May, RPh 2701 Main Ave, Durango, CO 81301
  • Kristin Harding 2701 Main Ave, Durango, CO 813015921
  • Lora L. White, BS 2701 Main Ave, Durango, CO 81301

Frequently Asked Questions

What type of property is this?
Drug store - Freestanding Walgreens with drive-thru on an absolute NNN lease structure.
Where is this drug store located?
The property is located at 2701 Main Ave Durango, CO.
What are key features of this property?
This property features: 14,070 SF freestanding Walgreens with drive‑thru on an absolute NNN lease structure; Just over 11.5 years remaining on an original 15‑year absolute NNN lease; Lease includes very rare 5% increases every five years throughout the base term
More about this property
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