404 N Santa Fe Avenue Fountain, CO 80817
Retail firearms business with great location and parking.
Property Features for 404 N Santa Fe Avenue
General Information
- Standard status
- Active
- Size
- 2,440 SF
- Lot size
- 0.32 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1968
Listing office Berkshire Hathaway HomeServices Synergy Realty Group (719) 660-5223
Listing date Apr 16, 2024
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Synergy Realty Group
Investment Insights
Based on property information with market context.
Key Highlights
- Well‑established retail firearms business with existing infrastructure.
- Ideal, busy location with high traffic.
- Ample parking space.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.4k | $21.48 |
| − Vacancy | −$2.6k | −$1.05 |
| EGI | $49.8k | $20.43 |
| − OpEx | −$15.0k | −$6.13 |
| NOI | $34.9k | $14.30 |
