NNN Retail
For Sale
$5,050,000
279 Purcell Blvd, Pueblo West, CO 81007
Commercial Sale, Pueblo West, CO
Property Size23,276 SF
Lot Size1.60 Acres
Price / SF$216.96
Days on Market193
Property Features for 279 Purcell Blvd
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B-4
Security features
Security System
Subdivision
Pueblo West East
Lot features
Corner Lot, Shopping Center, Free Standing, Neighborhood Business District, Strip Mall
Elementary school
70
Middle school
70
High school
70
Standard status
Active
APN
0507434028
Size
23,276 SF
Lot size
1.60 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PAR A LOT LINE VACATION NO 2017-009 FORMERLY #57-074-34-021, 022 + 027
Tax Annual Amount
67000
Legal Description
PAR A LOT LINE VACATION NO 2017-009 FORMERLY #57-074-34-021, 022 + 027
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
2013
Floors in Building
2
Roof type
Metal
Listing Agency:
eXp Realty, LLC
(888) 440-2724
Listed By:
Jennifer Smith · License #FA100095733
(719) 251-1389
Added: Mar 28
Changed: Sep 6
Last Checked: Oct 6 at 7:06PM
MLS# 236466
Copyright © 2026 Pueblo 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.
The Shops at Pueblo West is a 23,276-square-foot retail property on 1.6 acres, completed in 2013. The building includes central air, electric heating, a metal roof, public water, and public sewer. Existing tenants occupy the property under triple-net lease agreements, and the site carries B-4 zoning.
Located at 279 Purcell Blvd in Pueblo West, the property sits at the intersection of US Hwy 50 and Purcell Blvd. The interchange records more than 51,000 vehicles per day, providing substantial exposure to passing traffic. Its Pueblo County setting places the retail center within Southern Colorado.
Located at 279 Purcell Blvd in Pueblo West, the property sits at the intersection of US Hwy 50 and Purcell Blvd. The interchange records more than 51,000 vehicles per day, providing substantial exposure to passing traffic. Its Pueblo County setting places the retail center within Southern Colorado.
Key Highlights
- 23,276‑square‑foot retail property on 1.6 acres
- Existing tenants occupy the property under NNN leases
- Located at the US Hwy 50 and Purcell Blvd interchange
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.
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
307
Businesses Nearby
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
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Retail improvements with NNN tenant leases, public utilities, and direct placement at a major Pueblo West interchange.
Where is this nnn property 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: 23,276‑square‑foot retail property on 1.6 acres; Existing tenants occupy the property under NNN leases; Located at the US Hwy 50 and Purcell Blvd interchange
