3400 S Rio Grande Ave Montrose, CO 81401
For Lease
This exceptional 25,271 square foot retail space is located at 3400 S. Rio Grande Avenue in Montrose, Colorado, zip code 81401. The property is a single-tenant space within a thriving retail center, offering a sublease opportunity extending through March 2032. This represents the last available space in this highly sought-after location. The property benefits from its adjacency to Hobby Lobby and its proximity to other major retailers, including Target, Ross, Marshalls, and Sportsman's Warehouse. This prime location ensures high visibility and significant foot traffic, making it an ideal opportunity for a variety of retail businesses. The property is classified as neighborhood retail within Montrose County. The property's size and location provide a strong foundation for a successful retail operation. This is a unique opportunity to secure a substantial retail presence in a vibrant and growing community. Interested parties should act quickly as this is the last remaining space available in the center. The property is situated at 38.4447726 latitude and -107.8704198 longitude.
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Hobby Lobby (Bike/Boat/Book/etc) Store
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The SALON by InStyle Inside JCPenney Hair Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.