200 N Main St

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200 N Main St

La Veta, CO 81055
Asking Price
$2.90M
Cap Rate
8%
Asset Type
Gas Station Retail
Class
Class B

What's Special

20-Year ABS NNN - Valero & C-Store <p><strong>Highway 12 frontage</strong> β€” directly on the Highway of Legends National Scenic Byway, an 82-mile designated America's Byway connecting Walsenburg to Trinidad. Heavy seasonal tourism traffic.</p><p></p><p><strong>Gateway position</strong> β€” first/last fuel stop entering or leaving La Veta from the north, at the base of the Spanish Peaks.</p><p></p><p><strong>Tourism catchment</strong> β€” captures travelers heading to Cuchara ski/recreation area, San Isabel National Forest, Cuchara Mo

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NOI
$80,000
Cap Rate
2.76%
DSCR
0.46
Underwater
Cash-on-Cash
-10.59%
Monthly Payment
$14,347.618
Annual Cash Flow
$-92,171.412

Location & Travel Times