Grand Junction, CO
Price: $5,295,000
Cap Rate: 5.45%
Status: UNDER CONTRACT
Tractor Supply
2449 Hwy 6 & 50 | Grand Junction, CO 81505
Blue West Capital is pleased to exclusively offer for sale a Tractor Supply located in Grand Junction, CO. This property offers a long-term lease with over 11-years remaining and a rental increase of 10% in December of 2022. This tenant is on a corporate lease to an investment grade rated company (S&P: BBB).
Located just across the street from the Mesa Mall, an 836k SF mall that is the largest in Western Colorado and positioned along the trade area’s primary thoroughfare.
- Tenant is committed to this location evidenced by a recent early 10-year lease extension
- Large 4.22-acre parcel on a signalized intersection within a regional retail destination
- Positioned along the trade area’s primary thoroughfare (Highway 50 & Highway 6)
- Highly visible location with a large pylon sign
- Retailers in the immediate corridor include Home Depot, Target, City Market, Best Buy, CVS Walmart, Lowe’s, Sprouts, TJ Maxx, Sam’s Club, and many others
OFFERING SUMMARY
Price: $5,295,000
Cap Rate: 5.45%
Building Size: 36,484 SF
Lot Size: 4.22 Acres
INVESTMENT CONTACT
Brandon Gayeski
Associate Director
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com
Robert Edwards
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com