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Golds Gym & Dollar General

1840 E Main St, Montrose, CO 81401, USA

Price:
$5,233,550
CAP Rate:
7.30%
NOI:
$382,049
Net Rentable Area:
42,094 SF
Lot Size:
3.15 Acres
Year Built:
1974 / 1988 / 2013
Status:
Available

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

Property Details

  • Strong National E-Commerce Resistant Tenancy, 100% Occupied Center
  • NNN Leases
  • Dollar General Offers a Strong Investment Grade Corporate Guaranty and Gold's Gym is Backed by an Experienced Local Operator
  • Committed to the Location, Dollar General has been at this site since 2006 and has just executed a new 5 yr lease extension, and Gold's Gym wishes to sign a new 10 yr lease at COE
  • Strong membership of 2,600+/- (Nat'l average is 1,500 members)
  • Pride of Ownership - The site was completely renovated in 2013 and received $350k in renovations in 2022, including a new parking lot
  • Located in the Heart of Montrose, with High Traffic Counts of over 17,000 vehicles passing by the site daily

RECENT LISTINGS

GET IN TOUCH WITH US

DIRECT:

818.907.9525

OFFICE:

818.212.2730

Email:

Corporate Office:

16830 Ventura Blvd. Suite 100, Encino, CA 91436

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