430 Eagleridge Blvd Pueblo, CO 81008-2100
- Commercial real estate
- 4,752 SF
- 0.68 lot acres
Jan 31, 2025
Current Use by Public Records
- Big O Tires / Auto Repair Shop
Property Details for 430 Eagleridge Blvd
- Year built
- 1999
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.68 lot acres
- Property size
- 4,752 SF
- Zone code
- B3:COMM/H&A BUS ZONE
- Property type
- Commercial real estate
- APN
- 512017002
- APU
- 512017002
Description
This exceptional investment opportunity presents a 5,204 square foot Big O Tires property in Pueblo, Colorado. Located at 430 Eagleridge Blvd, this single-unit auto shop boasts a prime location at the main entrance to a cluster of national retailers including Walmart, Home Depot, Sam's Club, and Starbucks, ensuring high visibility and traffic. The property sits on a 0.68-acre lot and benefits from convenient access to I-25. The building, constructed in 1999, is zoned B3 and features a 20-year absolute triple net (NNN) lease with 19 years remaining. The lease includes 10% rent bumps every five years and two five-year renewal options, providing predictable income growth and long-term stability. The current annual net operating income (NOI) is $126,000, resulting in a 6.51% cap rate. This investment offers a strong tenant profile with a proven track record in a growing commercial area with a diverse mix of retail, dining, and service businesses. The Pueblo, CO metro area's population of 169,000 further strengthens the investment's potential. This is a turnkey investment with significant upside potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,450,000
- ML approach
- $1,590,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,296,000
Market price range: $380k - $1.45M
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Location Insight
- Map
- Local Demand
- City
- Pueblo
- County
- Pueblo
- State
- Colorado
- Longitude
- -104.614
- Latitude
- 38.3198
- CBSA code
- 39380
- CBSA name
- PUEBLO, CO METROPOLITAN STATISTICAL AREA