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34473247
34473248

1900 S Townsend Ave, Montrose, CO 81401 For Sale

SR
CO EC.100085004, CA 02101543 (+42)
ParaSell Inc
Listed by ParaSell Inc
$3,287,880
1 day on market
Updated 1 day ago

BIG O TIRES

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 6,288
Cap Rate 6.00%
NOI $197,272
Tenancy Single
Lease Type Absolute NNN
Lease Expiration 09/30/2035
Rent Bumps Yes
Lease Options 2 x 5 Years
Price per SqFt $523
Year Built 1993
Buildings 1
Acreage 0.570
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/16/2015

Big O Tires - Corporate Guarantee | Uncapped CPI Bumps

Marketing description

ParaSell is pleased to exclusively offer for sale the

6,288 SF Big O Tires property located at 1900 S Townsend Avenue

in Montrose, CO. This investment offers a compelling opportunity

to acquire a well-positioned automotive service asset with built-in

income growth. An upcoming scheduled rent increase in 2027 will

raise the capitalization rate from 6.00% at acqu isition to ~6.75%,

providing investor s with a meaningful increase in yield with out

requiring additional capital investment. This attractive rent

escalation enhances long-term cash flow and overall investment

returns.

Investment highlights

• Rare Corporate Guaranty: Big O Tires LLC, subsidiary of TBC

Corporation with over 450+ locations.

• Uncapped CPI Escalations Every 3 Years: No ceiling on

increases, with a ratchet structure protecting downside - rent

cannot decrease at any bump interval.

• Strong Historical Rent Growth: 32% realized rent growth since

2015 commencement, over 3 escalations periods (9 years).

• Near-term Rent Bump: A scheduled 2027 increase pushes the

estimated cap rate to ~6.75%, delivering a meaningful yield lift

for buyers acquiring at today's 6.00% cap.

• Signalized Hard Corner On US Hwy 550: 27,000+ VPD, located

on main thoroughfare, adjacent to multiple national credit

tenants.

• Hub of Western Colorado: Montrose sits in the Uncompahgre

Valley at the base of the San Juan Mountains - the gateway to

Telluride (1.5 hrs) and Crested Butte (92 miles), two of the

most acclaimed ski destinations in the country.

• Top Rated: With over 450 Google Reviews – boasts a 4.2 Star

Rating.

Listing Contacts

SR
CO EC.100085004, CA 02101543 (+42)
ParaSell Inc
Listed by ParaSell Inc

Valuation Calculator

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$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$197,272.00
$16,439.33/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Scott Reid
License
EC.100085004
Brokerage Phone
(949) 942-6578
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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