Gas Station with Convenience
New
For Sale
$2,308,000
315 8th St, Saguache, CO 81149
Leased to Alta Convenience under an absolute NNN structure, the property has scheduled rent increases and renewal options.
Property Size1,290 SF
Days on Market2
Property Features for 315 8th St
General Information
Standard status
Active
Size
1,290 SF
Property subtype
Retail
Net Operating Income
$150,000
Building Details
Building Size
1,290 SF
Year Built
2001
Tenancy
Single
Listing Agency:
Pinnacle Real Estate Advisors
Listed By:
Peter Sengelmann · License #FA.100043607
(207) 776-0232
Source:
Pinnaclerea
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:26AM
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 Pinnacle Real Estate Advisors
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Investment Insights
Based on property information with market context.
Built in 2001, this Saguache property combines fuel service with convenience retail and is occupied by Alta Convenience. The lease is structured on an absolute NNN basis, with 14.3 years remaining in the base term. Rent increases of 7.5% are scheduled for 2031 and 2036, with further increases during each of four five-year renewal options.
Alta Convenience operates 164 service stations and convenience stores across the Mountain West and Midwest. The property may be acquired alongside the Alta Convenience property in Penrose, Colorado.
Alta Convenience operates 164 service stations and convenience stores across the Mountain West and Midwest. The property may be acquired alongside the Alta Convenience property in Penrose, Colorado.
Key Highlights
- Absolute NNN lease with Alta Convenience
- 14.3 years remaining in the base term
- 7.5% rent increases scheduled for 2031 and 2036
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
100
Businesses Nearby
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Demographics for 81149, CO
829
Population
614
Households
1.4
Avg Household Size
52
Median Age
22%
College-Educated
94%
High-School Grad
661.3 sq mi
ZIP Area
1
Density / Sq Mi
$54,727
Median Household Income
$42,188
Median Earnings
$782
Median Rent
$119,000
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Gas station - Leased to Alta Convenience under an absolute NNN structure, the property has scheduled rent increases and renewal options.
Where is this gas station located?
The property is located at 315 8th St Saguache, CO.
What is the asking price?
The asking price for this property is $2,308,000.
What are key features of this property?
This property features: Absolute NNN lease with Alta Convenience; 14.3 years remaining in the base term; 7.5% rent increases scheduled for 2031 and 2036
