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🏢 Just listed — Convenience Store Retail for sale in Cañon City, CO.

📍 2800 Central Avenue, Cañon City, CO
🏷  Convenience Store Retail · For Sale
💰 $2.42M
📈 6.50% cap

New Construction | 6.50% Cap | No Landlord Responsibilities

<p>Construction Completed</p><p><span style="color: rgba(0, 0, 0, 1)">15 Year Lease</span></p><p><span style="color: rgba(0, 0, 0, 1)">5% Rent Bumps Every Five Years</span></p><p><span style="color: rgba(0, 0, 0, 1)">Fi

Full financials, photos, and broker contact:
https://commrty.com/property/colorado/ca-on-city/dollar-general-stnl-canon-city-2492206-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=dollar-general-stnl-canon-city-2492206

#CaonCity #Retail #CommercialRealEstate #CRE #Investment

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Home/CO/Cañon City

2800 Central Avenue

Cañon City, CO 81212

Asking Price

$2.42M

Cap Rate

6.5%

Asset Type

Convenience Store Retail

Class

Class B

What's Special

New Construction | 6.50% Cap | No Landlord Responsibilities Construction Completed15 Year Lease5% Rent Bumps Every Five YearsFive 5-Year Renewal OptionsNo Landlord Responsibilities

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

3.30%

DSCR

0.56

Underwater

Cash-on-Cash

-8.79%

Monthly Payment

$11,997.577

Annual Cash Flow

$-63,970.922

Location & Travel Times

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Class B | Restaurant

3275 U.S. 50, Cañon City, CO 81212

Listed by Owner · For Sale