NNN-Leased Oil Change
For Sale
Contact for pricing
Pending
281 S Elm Ave, Eaton, CO 80615
Newly constructed automotive service facility with an absolute triple-net lease and planned May opening.
Property SizeContact for details
Days on Market143
Property Features for 281 S Elm Ave
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Buildings
1
Tenancy
Single
Abandoned
No
Listing Agency:
SVN | Silveri Company
(616) 949-6168
Listed By:
Peter Colvin · License #MI 6501197270
Source:
Crexi
Added: Apr 11
Changed: Aug 29
Last Checked: Aug 31 at 7:42AM
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 SVN | Silveri Company
Investment Insights
Based on property information with market context.
This leasehold investment includes a newly constructed Costa 10 Minute Oil Change building at 281 S Elm Ave in Eaton, Colorado. Construction is underway, with the facility scheduled to open in May. The property is subject to a 15-year absolute triple-net lease with annual rent increases and renewal options. The lease is held by a franchisee and supported by a corporate lease from Costa Oils Inc.
The building sits along Highway 85 and directly beside Dollar General, providing a prominent commercial setting. The ground lease is paid directly by the tenant, while ownership is retained in the building. The franchisee also has contractual purchase options during the first two years, subject to the stated terms.
The building sits along Highway 85 and directly beside Dollar General, providing a prominent commercial setting. The ground lease is paid directly by the tenant, while ownership is retained in the building. The franchisee also has contractual purchase options during the first two years, subject to the stated terms.
Key Highlights
- 15‑year absolute triple‑net lease with annual rent increases and renewal options
- New Costa 10 Minute Oil Change building scheduled to open in May
- Leasehold structure with the tenant paying the ground lease directly
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
55k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 69%
Shops & Services 17%
Home Improvements & Furnishings 14%
McDonald's
Dining
18,952 visits/mo
0.3 miles
A&W Restaurant
Dining
7,883 visits/mo
0.4 miles
Poulsen Ace Hardware
Home Improvements & Furnishings
7,505 visits/mo
0.4 miles
Exxon
Shops & Services
4,313 visits/mo
0.1 miles
Casa Maria
Dining
4,070 visits/mo
0.5 miles
Demographics for 80615, CO
9,486
Population
3,684
Households
2.6
Avg Household Size
38
Median Age
37%
College-Educated
94%
High-School Grad
105.9 sq mi
ZIP Area
90
Density / Sq Mi
$106,948
Median Household Income
$54,897
Median Earnings
$1,661
Median Rent
$489,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed automotive service facility with an absolute triple-net lease and planned May opening.
Where is this nnn property located?
The property is located at 281 S Elm Ave Eaton, CO.
What are key features of this property?
This property features: 15‑year absolute triple‑net lease with annual rent increases and renewal options; New Costa 10 Minute Oil Change building scheduled to open in May; Leasehold structure with the tenant paying the ground lease directly
