4120 Fwy Rd, Unit 4130 Pueblo, CO 81008-2064
- Commercial real estate
- 10,532 SF
- 1.79 lot acres
May 31, 2023
Current Use by Public Records
- Bliss Nail Lounge / Nail Salon
Property Details for 4120 Fwy Rd
- Year built
- 1998
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 1.79 lot acres
- Property size
- 10,532 SF
- Zone code
- B-4
- Property type
- Commercial real estate
- APN
- 513047007
- APU
- 513047007
Description
This exceptional investment opportunity presents the Eagleridge Center, a 10,532 square foot, single-story shopping center located at 4120 N Fwy Rd, Pueblo, CO 81008. Built in 1998, this Class B, multi-tenant retail property sits on a 1.79-acre lot and is zoned B-3 Pueblo. Currently boasting 100% occupancy with three tenants, the center generates a strong Net Operating Income (NOI) of $209,271, resulting in a compelling 6.75% capitalization rate. The asking price is $3,100,000, translating to a price per square foot of $294.34. The property features a triple-net (NNN) lease structure, minimizing landlord responsibilities. Its strategic location offers excellent visibility and accessibility, benefiting from proximity to major retailers including Walmart, Home Depot, Pueblo Mall, and Sam's Club, providing a strong shadow anchor effect. This stabilized investment presents a rare opportunity to acquire a well-performing retail center in a desirable location with significant upside potential. The property's strong tenant mix and high occupancy rate make it an attractive addition to any portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,885,000
- ML approach
- $1,865,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,705,000
- 6.5%
- $1,575,000
- 7%
- $1,460,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,175,000
Market price range: $843k - $3.22M
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Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.614
- Latitude
- 38.3107
- CBSA code
- 39380
- CBSA name
- PUEBLO, CO METROPOLITAN STATISTICAL AREA