2209 Main St, Alamosa, CO 81101
- Specialty properties
- 2,009 SF
- 0.49 lot acres
Current Use by Public Records
- 7 Brew Coffee / Cafe & Coffee Shop
Property Details for 2209 Main St
- Year built
- 1982
- Lot size
- 0.49 lot acres
- Property type
- Specialty properties
- APN
- 541304323002
- APU
- 541304323002
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 3, 2024 | — | 7c Re Ala Co 01 LLC | — | Deed · related | $588k · First Financial Bank NA |
| Mar 6, 2023 | $970,000 | 7c Re Ala Co 01 LLC | Matthew Seger | Special Warranty Deed | $530k · Masked Rider Capital LLC |
| Sep 2, 2021 | $500,000 | Matthew Seger | Leroy O Martinez | Warranty Deed | $450k · Leroy Martinez |
| Apr 19, 2011 | — | 222 Cb LLC | Dolce Ventures LLC | Quit Claim Deed · related | — |
| Jun 15, 2007 | $390,000 | Leroy O Martinez | Rio Grande Savings And Loan Assn | Special Warranty Deed | — |
Description
This exceptional investment opportunity presents a brand new, 2023-built 7 Brew Coffee drive-thru QSR located at 2209 Main St, Alamosa, CO 81101. The property boasts a 530 square foot building situated on a 0.5-acre lot with 9 parking spaces. The absolute NNN ground lease features a 15-year primary term with four, 5-year renewal options, ensuring long-term stability. Rent increases by 10% every 5 years, providing inflation protection. The property enjoys a prime location along US Hwy 285 (24,663 vehicles per day), adjacent to Adams State University and surrounded by national retailers like Walmart, Tractor Supply Co., and McDonald's. The property has a 6.00% cap rate, a $1,458,333 asking price, and a Net Operating Income (NOI) of $87,500. The 100% occupancy commenced on March 18, 2024. This single-tenant, passive investment opportunity offers significant potential for long-term growth and return. The property's double drive-thru design caters to the increasing demand for convenient coffee service. The lease's structure minimizes landlord responsibilities, making it ideal for hands-off investors. The strong sales performance of this 7 Brew location further enhances its investment appeal. This is a rare opportunity to acquire a high-performing asset in a thriving retail market.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $895,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Alamosa
- County
- Alamosa
- State
- Colorado
- Longitude
- -105.891
- Latitude
- 37.4738
