NNN Convenience Store
For Sale
Contact for pricing
938 S Townsend Ave, Montrose, CO 81401
Absolute NNN convenience store investment along Montrose’s primary commercial corridor.
Property Size1,710 SF
Price / SF$1,753
Days on Market82
Property Features for 938 S Townsend Ave
General Information
Standard status
Active
Size
1,710 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$172,366
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Marcus & Millichap - San Francisco
(415) 625-2162
Listed By:
Bill Schofield · License #CA 01239109
Source:
Crexi
Added: Jun 11
Changed: Aug 30
Last Checked: Aug 30 at 4:02PM
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 Marcus & Millichap - San Francisco
Investment Insights
Based on property information with market context.
Alta Convenience operates from a 1,710-square-foot convenience store at 938 S Townsend Ave in Montrose, Colorado. The property is structured as an absolute NNN lease investment and fronts Highway 550, providing a commercial location along the route through Montrose.
The site is surrounded by Safeway, Dairy Queen, O'Reilly Auto Parts, Verizon, Holiday Inn Express, Dunkin', Jimmy John's, and Little Caesars. Montrose High School, Pomona Elementary School, and the local middle school are within two blocks, representing a combined student population of approximately 1,753. Highway 550 connects Grand Junction and Durango, while Montrose serves surrounding rural communities as a regional service center.
The site is surrounded by Safeway, Dairy Queen, O'Reilly Auto Parts, Verizon, Holiday Inn Express, Dunkin', Jimmy John's, and Little Caesars. Montrose High School, Pomona Elementary School, and the local middle school are within two blocks, representing a combined student population of approximately 1,753. Highway 550 connects Grand Junction and Durango, while Montrose serves surrounding rural communities as a regional service center.
Key Highlights
- 1,710‑square‑foot Alta Convenience store at 938 S Townsend Ave
- Absolute NNN lease investment structure
- Frontage on Highway 550 in Montrose
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,119
Businesses Nearby
86k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 32%
Groceries 24%
Electronics 3%
Safeway
Groceries
20,217 visits/mo
0.3 miles
Jimmy John's
Dining
7,343 visits/mo
0.3 miles
Wells Fargo
Shops & Services
7,274 visits/mo
0.4 miles
Sinclair
Shops & Services
7,210 visits/mo
0.2 miles
Freddy's Frozen Custard & Steakburgers
Dining
6,813 visits/mo
0.5 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
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 - Absolute NNN convenience store investment along Montrose’s primary commercial corridor.
Where is this nnn property located?
The property is located at 938 S Townsend Ave Montrose, CO.
What is the asking price?
The asking price for this property is $2,997,670.
What are key features of this property?
This property features: 1,710‑square‑foot Alta Convenience store at 938 S Townsend Ave; Absolute NNN lease investment structure; Frontage on Highway 550 in Montrose
