307 6Th St Las Animas, CO 81054
Free-standing Family Dollar with extension and development potential.
Property size:
11,380 SFProperty Features for 307 6Th St
General Information
- Size
- 11,380 SF
Building Details
- Year built
- 1966
Source:
Pinnaclerea
Listing Agent: Dallas Sandberg
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Family Dollar Investment Opportunity
This is an investment opportunity featuring a free-standing Family Dollar with a national credit tenant. The tenant recently exercised a 5-year extension. The property is situated on a large lot with excess land, offering a blend of stable cash flow and future development potential. The property is located in southeast Colorado, east of Pueblo, near Bent’s Old Fort, in downtown Las Animas, which once marked an important location on the historic Santa Fe Trail. Downtown Las Animas features park settings with picnic areas, a skateboard area, a swimming pool, and a slide, as well as several restaurants and cafes. John Martin Reservoir State Park is nearby for camping and water sports. The property has a long-term lease with a corporate guarantee. There are five 5-year options to extend with 10% rent increases in each extension. There is an opportunity to develop additional retail or multifamily. The property is zoned for commercial use, allowing for flexible development options. It is strategically located in downtown Las Animas with highway visibility. There is strong local demand for goods and services. The property size is 11380 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Las Animas
- County
- Bent
- State
- Colorado
- Longitude
- -103.220578
- Latitude
- 38.066292
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FAQs
What type of property is this?
Storefront property - Free-standing Family Dollar with extension and development potential.
Where is this storefront property located?
The property is located at 307 6Th St Las Animas, CO.
What are key features of this property?
This property features: - Strong national credit tenant (Family Dollar) provides stable cash flow.; - Recently executed 5-year lease extension ensures immediate income.; - Opportunity to develop additional retail or multifamily units on excess land.