NNN-Leased Shopping
New
For Sale
$5,050,000
279 Purcell Blvd, Pueblo West, CO 81007
At the US Hwy 50 and Purcell Blvd interchange, the center has reported traffic exceeding 51,000 vehicles per day.
Property Size23,276 SF
Price / SF$216.96
Days on Market3
Property Features for 279 Purcell Blvd
General Information
Standard status
Active
Size
23,276 SF
Property subtype
Commercial
Site & Location
Traffic Count
51,000 vehicles/day
Highway Access
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$67,000
Building Details
Building Size
23,276 SF
Year Built
2013
Tenancy
Multi
Listing Agency:
eXp Realty, LLC
Listed By:
Jennifer Smith · License #FA100095733
(888) 440-2724
Source:
Curtisryanrealestate
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 27 at 3:30AM
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 eXp Realty, LLC
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Investment Insights
Based on property information with market context.
The Shops at Pueblo West is a shopping center completed in 2013. Current tenants occupy space under triple-net (NNN) leases.
The property is located at the US Hwy 50 and Purcell Blvd interchange in Pueblo West, Colorado. Reported traffic at the interchange exceeds 51,000 vehicles per day.
The property is located at the US Hwy 50 and Purcell Blvd interchange in Pueblo West, Colorado. Reported traffic at the interchange exceeds 51,000 vehicles per day.
Key Highlights
- Current tenants are on triple‑net (NNN) leases
- At the US Hwy 50 and Purcell Blvd interchange
- Reported interchange traffic exceeds 51,000 vehicles per day
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$329,110
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,582,200
$6.6M
Cap Rate 7%
$4,701,571
$4.7M
Cap Rate 9%
$3,656,778
$3.7M
Market Conditions
NOI Build-Up for 23,276 SF
Gross rent
$494.4K $21.24/SF
− Vacancy
−$24.2K −$1.04/SF
EGI
$470.2K $20.20/SF
− OpEx
−$141.0K −$6.06/SF
NOI
$329.1K $14.14/SF
Area
Pueblo County, CO
Vacancy
4.90%
Lease Rate
$21.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,582,200
Cap Rate 7%
$4,701,571
Cap Rate 9%
$3,656,778
Alternative Uses
Best Use
Retail
$4.70M
$4.11M – $5.49M
NOI $329,110 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.85M
$4.24M – $5.66M
NOI $339,518 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
51,000 VPD
Traffic count
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 81007, CO
33,263
Population
12,678
Households
2.6
Avg Household Size
42
Median Age
31%
College-Educated
93%
High-School Grad
136.5 sq mi
ZIP Area
244
Density / Sq Mi
$95,419
Median Household Income
$50,572
Median Earnings
$1,319
Median Rent
$371,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Purcell Plaza — S Purcell Blvd, Pueblo West, CO 81007
- Colorado MV Express Kiosk — 1017 N Market Pl, Pueblo, CO 81007
- Coinstar Kiosk | Bitcoin ATM — Safeway, 1017 N Market Pl, Pueblo, CO 81007
Frequently Asked Questions
What type of property is this?
Shopping center - At the US Hwy 50 and Purcell Blvd interchange, the center has reported traffic exceeding 51,000 vehicles per day.
Where is this shopping center located?
The property is located at 279 Purcell Blvd Pueblo West, CO.
What is the asking price?
The asking price for this property is $5,050,000.
What are key features of this property?
This property features: Current tenants are on triple‑net (NNN) leases; At the US Hwy 50 and Purcell Blvd interchange; Reported interchange traffic exceeds 51,000 vehicles per day
