Gold's Gym + Dollar General

(Click on Image to Enlarge)

Pricing and Location


Price:   $6,284,027

Address:   E. Main St & Hillcrest Dr, Montrose Colorado

Status:   Available

Property Details


CAP Rate: 7.25% Year Built: 1974 / 1988 / 2013
Net Rentable Area: 42,094 SF Combined
Lot Size (Acres): 3.15 NOI: $455,592

Marketing Materials


Property Description


  • 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 2032 by Executing a New Lease, Showing Dedication to the Region
  • Gold’s Gym Has 2,901 Members at This Location With Sales Exceeding $1,517,942 Annually ($523.24 Per Member)
  • 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

Area Map and Street View


What Clients Are Saying                                     
 

"Lior Regenstreif is a professional broker that achieves real results for his clients. We purchased a transaction from a seller who had not sold a property in many years and wanted the highest price with no hassles. We were the ultimate buyer and Lior got his seller the price he wanted and made the process as smooth as possible."
Brian Fagan, Selective Real Estate Investments

Contact Us

NNN Deal
in association with Marcus & Millichap

16830 Ventura Blvd. Suite 100
Encino, CA 91436

Lior Regenstreif
First Vice President, Investments
Senior Director, National Retail Group
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.


Rebekah Zweiban Wallack

Senior Research Analyst
Special Projects Coordinator
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Toll Free: 888.NNN.DEAL
Phone: 818.907.9525
Fax: 818.907.8557