3630 Fwy Rd Pueblo, CO 81008-1033
- Commercial real estate
- 2,430 SF
- 0.73 lot acres
Current Use by Public Records
- Captain D's / Seafood Restaurant / American Restaurant
Property Details for 3630 Fwy Rd
- Year built
- 1989
- Construction
- WOOD FRAME
- Lot size
- 0.73 lot acres
- Property size
- 2,430 SF
- Zone code
- B-4
- Property type
- Commercial real estate
- APN
- 513040002
- APU
- 513040002
Description
This exceptional investment opportunity presents a single-tenant Captain D's drive-thru restaurant in Pueblo, Colorado. The property boasts a brand-new 15-year absolute triple-net (NNN) lease with a strong 2.5% annual rent increase, ensuring consistent passive income growth. The 2,688 square foot building, constructed in 1989, sits on a 0.73-acre lot at 3630 N Fwy Rd, Pueblo, CO 81008. The lease, expiring May 31, 2039, has a remaining term of 14.5 years and is held by a franchisee with nearly 40 years of experience operating Captain D's restaurants. The property enjoys a prime location near major roadways (with approximately 60,000 and 42,000 vehicles per day on nearby highways, according to CDOT 2022 data), the Pueblo Mall (a 575,000 square foot shopping center), and Colorado State University – Pueblo (approximately 4,000 students). Surrounding national retailers include Walmart, Home Depot, Lowe's, King Soopers, and Sam's Club, further enhancing the property's value and visibility. The asking price is $1,846,000, representing a 6.50% cap rate and a price per square foot of $686.76. The property generates a net operating income (NOI) of $120,000 annually. This is an ideal investment for those seeking a stable, high-yield, and low-maintenance commercial property. This property is also available as part of a three-property Captain D's portfolio.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,350,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,535,000
- 6.5%
- $1,365,000
- 7%
- $1,440,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,205,000
- Geo Method
- $1,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,460,000
- Retail
- $1,535,000
- Mixed-Use
- $1,735,000
- Hospitality
- $1,615,000
- Educational
- $1,400,000
- Residential Income
- $1,320,000
- Energy
- $1,250,000
- Income-Based Land
- $1,530,000
- Food Service
- $1,635,000
Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.612
- Latitude
- 38.3067
- CBSA code
- 39380
- CBSA name
- PUEBLO, CO METROPOLITAN STATISTICAL AREA
