1303 Royal Gorge Blvd | Canon City, CO 81212
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- LoopNet Team
1303 Royal Gorge Blvd
Canon City, CO 81212
Starbucks · Retail Property For Sale
Investment Highlights
- Corporate lease with minimal landlord obligations, making this a passive investment opportunity for a hands-off investor
- Prominent location along the main retail corridor through Cañon City and the only freestanding Starbucks with drive through within a 35-mile radius
- Neighboring tenants include Safeway, Walgreens, Wendy’s, Sonic Drive-In, Taco Bell, and Dairy Queen
- 10% annual rental increases every 5-years during the primary term and option periods, providing an investor with a hedge against inflation
- The property has excellent visibility along Royal Gorge Boulevard, with traffic counts exceeding 22,000 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,586 SF
Building Class
B
Year Built
2018
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.49 AC
Zoning
C
Parking
22 Spaces (13.87 Spaces per 1,000 SF Leased)
Frontage
76 ft on Royal Gorge Boulevard
Amenities
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 3821332111001 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £321,054 |
PROPERTY TAXES
Parcel Number
3821332111001
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£321,054
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