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Retail Space Near Hobby Lobby
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3400 S Rio Grande Ave, Montrose, CO 81401

25,271 SF retail space available through March 2032.

Space Size25,271 SF
Days on Market1302

Property Features for 3400 S Rio Grande Ave

General Information

Standard status Active
Size 25,271 SF
Property subtype RETAIL

Spaces For Lease

at 3400 S Rio Grande Ave
3400 S Rio Grande Ave AVAILABLE, Now
Floor 1
Size 25,271 SF
Type RETAIL
Rate Contact for pricing
Sublease Yes
- 25,271 SF of retail space available adjacent to Hobby Lobby. - Sub-lease opportunity through March 2032. - Last remaining space in center. - Existing tenants include Target, Ross, Marshalls and Sportsman’s Warehouse.
Contact us
Listing Agency: DHLB-David, Hicks & Lampert Brokerage
Listed By: Scott A. Hagan · License #IA.001192055
Source: Moodyscre
Added: Mar 27, 2023 Changed: Oct 9 Last Checked: Oct 16 at 8:41AM

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 DHLB-David, Hicks & Lampert Brokerage

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Investment Insights

Based on property information with market context.

This property offers 25,271 square feet of retail space. It is available as a sublease opportunity through March 2032. The space is located adjacent to Hobby Lobby and is the last remaining space in the center. Existing tenants in the center include Target, Ross, Marshalls, and Sportsman’s Warehouse.

Key Highlights

  • 25,271 SF of retail space available
  • Sub‑lease opportunity through March 2032
  • Adjacent to Hobby Lobby

Property Analytics

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Current Use

Hobby Lobby (Bike/Boat/Book/etc) Store The SALON by InStyle ... Hair Salon

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Auto Repair Shop Locksmith Auto Parts Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby
207k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 26% Dining 22% Superstores 22% Shops & Services 18%
Target Superstores
44,680 visits/mo 0.1 miles
Culver's Dining
21,952 visits/mo 0.2 miles
Ross Dress for Less Apparel
20,247 visits/mo 0.2 miles
Marshalls Apparel
19,119 visits/mo 0.2 miles
Natural Grocers Groceries
14,517 visits/mo 0.2 miles

Demographics for 81401, CO

23,266
Population
10,782
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
200.2 sq mi
ZIP Area
116
Density / Sq Mi
$63,541
Median Household Income
$36,548
Median Earnings
$1,090
Median Rent
$343,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Montrose, CO

$10.15 /SF/Yr
Avg Asking Price
$1.47–$29.39 /SF/Yr
Price Range
10,229 SF
Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 25,271 SF retail space available through March 2032.
Where is this retail space located?
The property is located at 3400 S Rio Grande Ave Montrose, CO.
What are key features of this property?
This property features: 25,271 SF of retail space available; Sub‑lease opportunity through March 2032; Adjacent to Hobby Lobby
(303) 694-6082 Call to check price and availability
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