502 8Th AveYuma, CO 80759

For Sale
$2,640,000

High-traffic retail space, excellent visibility.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional 22,000 square foot retail center in Yuma, Colorado, presents a compelling investment opportunity. Located at 502 E 8th Ave, at the main intersection of US Highway 34 and South Detroit Street, this property boasts unparalleled visibility and accessibility. The center currently features a strong co-tenant: a newly opened Family Dollar & Dollar Tree combination store occupying 12,100 square feet. This leaves 9,900 square feet of available space fronting US Highway 34, ideal for owner-users seeking a long-term, stable investment with a strong credit co-tenant. The property benefits from over 8.5 years remaining on the corporate lease term. Surrounding businesses include a Bank of Colorado, First Farm Bank, Dollar General, Dairy Queen, Pizza Hut, and ShopAll supermarket – the only one in town. This prime location, situated at a signalized intersection, offers exceptional exposure and significant potential for value enhancement through lease-up or subdivision. The asking price is $2,640,000, with a price per square foot of $120. This property is perfect for investors seeking to capitalize on a thriving retail market in a high-demand location. The property's strategic placement and strong tenant mix make it an attractive proposition for both investors and owner-users.

Highlights

  • $2,640,000 asking price for a 22,000 square foot retail property in Yuma, CO.
  • Located at a main intersection with high visibility, at 502 E 8th Ave, Yuma, CO 80759.
  • Property includes a strong credit co-tenant with over 8.5 years remaining on their lease.
  • Excellent opportunity for owner-users or investors seeking value-add potential through lease-up or subdivision.

Location Insight

City
Yuma
County
Yuma
State
Colorado
Latitude
40.1190133
Longitude
-102.7180008
502 8Th Ave, Yuma, Colorado

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502 8Th Ave
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