Contacts
Matthew Schmidt
Matthews Real Estate Investment Services
Simon Assaf
Matthews Real Estate Investment Services
Property Details
- Property Type Retail
- Property Size 13,504 SF
- Lot Size 0.31 Acre
- Cap Rate % 13
- Additional Rent Contact for pricing
- Date Updated Aug 29, 2024
- Website www.matthews.com
- ±20,000 Vehicles Per Day – The property experiences a high volume of daily traffic, offering excellent visibility from the road. Its convenient accessibility ensures customer retention.
- 5 Self Service Bays and Automatic – This property has state-of-the-art equipment. The Automatic Bay is a critical equipment requirement essential for operating a thriving car wash operation.
- Excellent Location in a Healthy Retail Market – Benefitting from surrounding retail, this property anticipates robust business yearround. With a growing market and increased customer engagement, this is a prime opportunity for sustained growth.
- Nearing 5% Growth Since Last Reported Census – Cortez has experienced a consistent growth trajectory over the past five years. This trend is poised to continue as the city expands its infrastructure and attracts new residents and businesses.
- Special Tax Advantage – Car washes present accelerated depreciation opportunities for tax savings. Under IRS Code Sections 179 & 168(k), these types of properties can qualify for business expense deductions up to 60 percent of the cost and bonus depreciation in the first year.*
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Attachments
Getting around
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Walk Score ®
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Location
- City Cortez, CO
- Zip Code 81321
- Market Denver
Points of Interest
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City Market
0.08 miles
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Speedway
0.36 miles
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Conoco
0.56 miles
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Skyline Gas & Food Store
8.32 miles
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Sinclair
9.68 miles
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Phil's World
4.64 miles
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Truck Parking
7.45 miles
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Auto Parking
7.46 miles
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Overnight Bus Parking
7.65 miles
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Goodman Point Pueblo
9.17 miles
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RV parking
9.42 miles
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Prater Ridge Trailhead
9.56 miles
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Lotsa Pasta That'za Pizza
0.03 miles
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Burger Boy's Drive In
0.04 miles
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Mama Ree's
0.07 miles
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Ocean Pearl
0.09 miles
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Wendy's
0.12 miles
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Mi Mexico
0.25 miles
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Main Street Brewery & Restaurant
0.28 miles
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Loungin' Lizard
0.32 miles
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Stonefish Sushi
0.34 miles
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The Farm Bistro
0.36 miles
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Sears
0.29 miles
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Walmart Supercenter
0.99 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.