Single-Tenant Grocery with Fuel
27102 Main St Conifer, CO 80433
27102 Main St, Conifer, CO, 80433
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For Sale
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Safeway grocery single-tenant site with an associated fuel pad and a recently-extended lease.
Property Size65,800 SF
Price / SF$253.34
Days on Market93
Property Features for 27102 Main St
General Information
- Standard status
- Active
- Size
- 65,800 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing agency
ParaSell Inc
(949) 942-6585
Listed by
Scott Reid · License #ND - 3285
Source
Crexi
Added: Apr 20 Updated: Jul 21 at 3:27AM Checked: Jul 21 at 3:27AM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This offering includes a Safeway single-tenant grocery store along with a fuel pad. The property is described as part of a Safeway location within 15 miles, with a 20-year operating history referenced by Placer.ai. The lease has recently been extended, reflecting continued long-term commitment.
The property is located at 27102 Main St in Conifer, Colorado. Public remarks also cite an affluent household income level ($192,000 AHHI) within a 1-mile radius and a Denver MSA population of 3.4 million, supporting the surrounding retail demand context referenced in the listing materials.
The property is located at 27102 Main St in Conifer, Colorado. Public remarks also cite an affluent household income level ($192,000 AHHI) within a 1-mile radius and a Denver MSA population of 3.4 million, supporting the surrounding retail demand context referenced in the listing materials.
Key Highlights
- Single‑tenant Safeway grocery site with an associated fuel pad
- Fuel pad included with the Safeway location
- Recently extended lease for the single‑tenant Safeway property
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.78M | $27.00 |
| − Vacancy | −$78.2k | −$1.19 |
| EGI | $1.70M | $25.81 |
| − OpEx | −$424.6k | −$6.45 |
| NOI | $1.27M | $19.36 |
65,800 SF · lease $27.00/SF/yr · vacancy 4.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$18.20M
$15.92M – $21.23M
NOI $1,273,822 @ 7.0% cap · market cap 7.64%
Second Best
Retail
$15.01M
$13.14M – $17.52M
NOI $1,050,975 @ 7.0% cap · market cap 6.30%
Theoretical Best
Multifamily LT 5
$146.43M
$128.13M – $170.83M
NOI $10,250,016 @ 7.0% cap · market cap 61.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Safeway Fuel Station
Gas Station
Cardtronics ATM
Atm
Similar For Sale Nearby
Similar Off Market Nearby
- Safeway — 27152 Main St, Conifer, CO 80433
FAQs
What type of property is this?
Grocery and convenience store - Safeway grocery single-tenant site with an associated fuel pad and a recently-extended lease.
Where is this grocery and convenience store located?
The property is located at 27102 Main St Conifer, CO.
What is the asking price?
The asking price for this property is $16,670,000.
What are key features of this property?
This property features: Single‑tenant Safeway grocery site with an associated fuel pad; Fuel pad included with the Safeway location; Recently extended lease for the single‑tenant Safeway property
