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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1433 Encanto Pl Montrose, CO 81401

510 SF 0.64 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew coffee shop located in Montrose, Colorado. Built in 2023, this property sits on a 0.64-acre lot at a hard corner, signalized intersection with high visibility (34,100+ vehicles per day). The property is subject to a Net Lease (NNN) with a corporate guarantee, offering a secure investment with a strong tenant. The lease boasts a remaining term of 15 years, with five 5-year renewal options and a 10% rent increase every five years in the primary term and options. The current asking price is $1,467,000, representing a 6.00% cap rate and a price per square foot of $2,876.47. The property generates a net operating income (NOI) of $88,000 annually. This is the first 7 Brew location in Colorado, benefiting from the brand's rapid expansion (over 175 locations nationwide) and high average unit volume (AUV) exceeding $2.4 million. The strategic location, less than nine miles from Black Canyon of the Gunnison National Park, a major tourist attraction, further enhances the investment potential. Montrose's population of over 20,098, coupled with its proximity to Telluride and Grand Junction, ensures a robust customer base. This is a rare opportunity to acquire a high-performing, established brand in a prime location with significant long-term growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 510 SF
Lot 0.64 ac (27,878 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • 7 Brew Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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