Seri Bryant

Associate

818.212.2655

"

The quality of your thinking determines the quality of your life. "

Danny Abergel

Senior Associate

CA BRE: 01797904

818.212.2715

"

Beware of the little expenses. A small leak can sink a great ship."

Rebekah Zweiban

Senior Research Analyst

818.212.2731

"

Two things define you. Your patience when you have nothing, and your attitude when you have everything."

Ezra Orr

Senior Director, Digital Development

818.212.2730

"

The only person you should try to be better than is the person you were yesterday."

Jesica Ocheltree

Operations Manager

818.212.2730

"

Happiness is a choice, not a result. "

Kathy Magallanes

Certified Agent Support Specialist

"

Success is not in what you have, but who you are."

Gold's Gym & Dollar General

1840 E. main St., Montrose, CO 81401

Price:
$5,545,503
CAP Rate:
7.25%
NOI:
$402,049
Net Rentable Area:
42,094 Combined SF
Lot Size:
3.15 Acres
Year Built:
1988 / 2013
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • Located in the Heart of Montrose, Colorado
  • Two Tenant Center – 100% Occupied
  • Gold’s Gym to sign a New 15 Year Lease upon COE
  • Gold’s has occupied the site for 10 Years and wishes to extend their presence thru 2025 by executing a New Lease, showing dedication to the region
  • Site was Remodeled in 2013
  • NNN Leases – All CAM’s pass through to Tenants
  • Strong Growth Area – Local Population increased by over 33% since 2000
  • Traffic Count exceeds 17,000 Vehicles Passing in Front of Site Daily
  • Dollar General extended lease for 6-years come April 2019, leaving options in place, Shows Tenant’s desire to stay at location

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