Starbucks Listing Details & Market Data

1303 Royal Gorge Boulevard, Canon City, CO 81212

  • For Sale $2,237,402
  • Property Type Retail - Street Retail
  • Property Size 1,920 SF
  • Lot Size 0.49 Acre
  • Property Tenancy Single Tenant
  • Year Built 2018
  • Date Updated Apr 22, 2024
-An NN leased Starbucks with approximately 5 years remaining featuring four 5-year options, 10% increases every 5-years in the base term and options, and no early termination. The subject property is the only drive-thru Starbucks within 35 miles with strong neighboring tenants including Safeway, Walgreens, Dollar Tree, Natural Grocers, and more.

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Attachments

Highlights

  • A single-tenant Starbucks located in growing Cañon City, CO
  • The lease structure is NN with a corporate guaranty, making this a passive investment opportunity for a hands-off investor
  • 10% annual rental increases every 5-years during the primary term and option periods, providing an investor with a hedge against inflation
  • Prominent location along the main retail corridor through Cañon City and the only freestanding Starbucks with drive through within a 35-mile radius
  • The property has excellent visibility located along Royal Gorge Boulevard, with traffic counts exceeding 22,000 VPD
  • Located minutes from both a middle school and high school, providing a steady flow of patrons in the mornings and afternoons
  • Neighboring tenants include Safeway, Walgreens, Wendy’s, Sonic Drive-In, Taco Bell, and Dairy Queen

Contacts

broker

Zandy Smith

CP Partners

(415) 274-2707

Location

Getting Around

  • Walk Score ®

    Very Walkable (73)

  • Bike Score ®

    Bikeable (64)
Powered by Walk Score ®
  • City Canon City, CO
  • Zip Code 81212

Points of Interest

  • Western Convenience Store

    0.06 miles

  • GASMAT

    0.28 miles

  • Loaf 'N Jug

    0.34 miles

  • Shell

    0.68 miles

  • Exxon

    0.72 miles

  • Conoco

    1.28 miles

  • Shell

    1.92 miles

  • Sells Avenue Trailhead

    0.51 miles

  • Raynolds/Ash Trailhead

    1.42 miles

  • Eagle Wing Trailhead

    1.59 miles

  • Mackenzie Trailhead

    3.31 miles

  • horse trailer parking

    6.31 miles

  • Oil Well Flats

    6.34 miles

  • FCI Florence

    8.95 miles

  • USP Florence High

    9.16 miles

  • ADX

    9.54 miles

  • Waffle Wagon

    0.04 miles

  • Sonic

    0.13 miles

  • Taco Bell

    0.17 miles

  • Wendy's

    0.17 miles

  • Papa Murphy's

    0.18 miles

  • Momo's Sushi Bar

    0.24 miles

  • China Rice

    0.31 miles

  • Village Inn

    0.53 miles

  • Subway

    0.57 miles

  • Old Mission Mexican Resaurant

    0.58 miles

  • Safeway

    0.09 miles

  • City Market

    0.39 miles

  • Walmart Supercenter

    2.07 miles

Contact Listing Broker

broker

Zandy Smith

CP Partners

(415) 274-2707