Fruita, CO - City Market Fuel Station

Description:

• Tenant recently executed a brand new 20-year lease with 8 (5-year) options to extend, demonstrating their commitment to the site
• Beginning in Dec. 2035, the lease features 10% rental increases every 5 years throughout the initial term and option periods, growing NOI and hedging against inflation
• The building features state-of-the-art, brand new construction

• Signalized, hard corner intersection, with excellent visibility and access
• Nearby City Market anchored center averaging over 1.2M visits annually and is the #7 City Market grocer ($1.2M+ visitors per Placer.ai)
• Nearby national/credit tenants include Ace Hardware, O’Reilly Auto Parts, Starbucks, McDonald’s, and more
• Strong tenant synergy increases consumer draw to the immediate trade area and promotes crossover exposure for the site

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Listing ID: a28TP000002VNDhYAO