316 Aspen Ave Fruita, CO 81521-2504

This exceptional investment opportunity presents a fee-simple, single-tenant retail property in Fruita, Colorado, within the Grand Junction MSA. The 14,406 square foot building, constructed in 2007, is 100% occupied by a credit-rated Walgreens under an absolute NNN lease with a corporate guarantee, expiring June 30, 2033. This provides a substantial remaining lease term of 8.6 years, offering significant long-term stability. The property boasts a strong sales history and a current net operating income (NOI) of $355,000, translating to a 6.80% cap rate and a price per square foot of $362.35. Located at 316 W Aspen Ave, 81521, this highly visible property sits on a signalized corner, offering excellent accessibility and exposure. Its strategic location is further enhanced by its proximity to Interstate 70 and James M. Robb - Colorado River State Park. The lease includes fifty, one-year options, providing additional long-term growth potential. An assumable loan with a favorable 3.82% interest rate is available (see offering memorandum for details). All property maintenance responsibilities fall solely on the tenant. This is a rare opportunity to acquire a high-performing Walgreens location with minimal landlord responsibilities and significant upside potential. The property's APN is 2697-172-29-002.