Alta Convenience
14+ YEARS REMAINING ON ABSOLUTE NNN LEASE | POTENTIAL BONUS DEPRECIATION
Marketing description
This Absolute NNN lease investment opportunity features the Alta Convenience store located at 938 S Townsend Ave in Montrose, CO. The property fronts Highway 550, the main commercial corridor through Montrose and the major highway connector between Grand Junction and Durango. The location offers excellent visibility along this key route and is surrounded by nearby national tenants including Safeway, Dairy Queen, O'Reilly Auto Parts, Verizon, Holiday Inn Express, Dunkin', Jimmy John's, and Little Caesars.
The property is within two blocks of Montrose High School, Pomona Elementary School, and the local middle school with a combined student population of approximately 1,753. Montrose is a growing regional hub in western Colorado, ideally situated on the Uncompahgre River at the gateway to the San Juan Mountains and the Black Canyon of the Gunnison. The area serves as a regional service center for surrounding rural communities while also drawing visitors year-round for hiking, skiing access, fishing, and national park tourism.
Investment highlights
- Absolute NNN Lease - zero landlord responsibilities
- 14+ years remaining on Lease
- Potential bonus depreciation
- Tenant operates 140+ locations
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?










