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Highway 28 & Highway 7
Mead, CO 80504
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
Highway 28 & Highway 7, Mead, CO 80504 <ul><li>±11.7 AC Commercial / Mixed-Use Site at SEC of Hwy. 66 (C.R. 30) & 3rd Street (C.R. 7)</li><li>Strategically Located Adjacent to Mead High School (±1,100 Students) Providing Built-in Daily Traffic</li><li>3,500+ New Homes Planned Immediately Adjacent to Property with 400 Lots Under Active Construction by Lennar</li><li>Lennar Acquired ±163 AC Nearby with Phase I Underway (±400 Single-Family Lots)</li><li>Zoned & Approved with Custom Entitlements in Place Allowing for Accelerated Dev
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
