Marathon (1680 Main Ave) | Durango, CO
Sands Investment Group is Pleased to Present For Sale the Marathon Absolute Triple Net Located in Durango, Colorado. This Deal Includes an Absolute Triple Net (NNN) Lease With 18+ Years Remaining and Zero Landlord Responsibilities With Attractive Rent Increases, Providing For a Secure Investment.
- Approximately 18 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
- Lease Features 3% Annual Rent Bumps and 4 x 5 Year Options
- High Performance Operator Doing Over $25 Million in Revenue and Continuing to Grow Their Number of Locations
- Gas Stations Offer Increased Depreciation Expenses *Consult Your CPA
- Strong Operator; Robust Annual Financials Available Upon Request
- Located on Main Avenue Which is a Nationally Registered Historic District That Cuts Through Downtown Durango and is Home to Galleries, Boutiques, Restaurants, Bars and Other Businesses
- Excellent Demographics Showing Population Growth and a Strong Average Household Income of Over $100,000 Within a 2-Mile Radius of the Property
- High Traffic Exposure From the Intersection of Main Ave, E Park Ave and W 17th St That Sees Approximately 11,000 VPD
- Store is Strategically Located on a Hard Corner of Intersection With Multiple Points of Ingress/Egress
- Site Has 4 MPDs and Multiple Parking Spaces
ParaSell, Inc., A Licensed Colorado Broker – Lic. #100085004
In Cooperation With Sands Investment Group, A Licensed SC Broker Lic. # 132680, Broker Not Licensed in CO
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