Multi-Tenant Healthcare & Retail    

Fremont Plaza

 Canon City, CO

Asking Price

$2,791,260

Cap Rate

7.25%

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Brand New Roof

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Value-Add Opportunity

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Long-Term Tenants

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2-3% Annual Increases

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Strong, Growing Area

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Brand New Roof - Installed October 2023 and over $80,000 in tenant improvements
  • Value-Add Opportunity - 1,931 SF of vacant space and low market vacancy
  • Long-Term Tenants - All three tenants have 10+ year history at site
  • Rent Growth - 2-3% annual rent increases during base terms and options
  • Strong Location - Directly off Highway 50 (22,000 VPD)
  • Growing Area  - 3.83% population growth since 2020

Exclusively Listed By

BJ Feller

Senior Vice President & Managing Director
  Email Broker   
CO Lic. #EA.100088654

Northmarq

303 East Wacker Drive, Suite 1111
Chicago, Illinois 60601

 

northmarq.com