1010 Castello Ave Fairplay, CO 80440
- Retail properties
- 8,320 SF
- 0.72 lot acres
Current Use by Public Records
- Retail properties
Property Details for 1010 Castello Ave
- Year built
- 2013
- Lot size
- 0.72 lot acres
- Property size
- 8,320 SF
- Property type
- Retail properties
Description
This exceptional 8,320 square foot retail property, located at 1010 Castello Avenue in Fairplay, Colorado, presents a unique investment opportunity. Built in 2013, this single-story brick masonry building sits on a prominent 0.72-acre corner lot with excellent Highway 285 frontage and monument signage. Currently leased to Family Dollar until July 2024, the property offers a strong, existing income stream. The lease is a triple net (NNN) lease at $10 per square foot. The property boasts 35 off-street parking spaces, a flat roof, and features master water and sewer connections. Heating and air conditioning are available, along with gas and electric service. The property's location in Fairplay offers significant potential, with a demonstrated need for various services including pharmacies, medical specialists, and automotive businesses, among others. The seller is open to considering financing options, making this an even more attractive proposition. This is a rare chance to acquire a well-located, newer-construction retail building in a growing Colorado community. The property is available for sale or lease.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairplay
- County
- Park
- State
- Colorado
- Longitude
- -105.993
- Latitude
- 39.2231
