Listing Agency: Exclusive Realty s***@exclusive-realty.com Show Phone

Listed By: Steve Sagmani · License #MI 6502426558

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:46PM

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Investment Insights

Based on property information with market context.

This retail space at 940 N Townsend Ave in Montrose, Colorado, is identified with Family Dollar and a 20-year operating history. The available property information also notes strong tenant commitment to the site.

Key Highlights

• Family Dollar‑associated retail space
• 20‑year operating history
• Located at 940 N Townsend Ave, Montrose, CO 81401

Property Analytics

Property Profile

Current Use

Dollar General Discount Store Family Dollar Discount Store

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Locksmith Butcher Tanning Salon Pet 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.

Location Intelligence

Trade Area within ½ mile

529

Businesses Nearby

28k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Maverik Adventures First Stop Shops & Services

22,023 visits/mo 0.1 miles

Dollar General Shops & Services

5,001 visits/mo 0.1 miles

Napa Auto Parts Shops & Services

1,411 visits/mo 0.3 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

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space associated with a 20-year operating history and an established tenant presence.

Where is this retail space located?

The property is located at 940 N Townsend Ave Montrose, CO.

What are key features of this property?

This property features: Family Dollar‑associated retail space; 20‑year operating history; Located at 940 N Townsend Ave, Montrose, CO 81401