Calibrate Real Estate announces that Kyle Malnati and Greg Johnson have successfully facilitated the purchase of a triple-net lease property located at 73 W. Frontage Road in South Fork, Colorado. This property has a single tenant under a commercial lease and is in a great location in Southern Colorado.
With the help of Calibrate Real Estate, the Buyers (pictured on the right) completed the requirements of their 1031 exchange from the sale of another property they sold earlier this year. In the last 12 months, these loyal clients have completed 5 transactions with our team and we could not be more grateful for their continued support. At Calibrate we strive to not only assist our clients in growing their real estate portfolio, but also building their family legacy.
See below for more details on this sale;
Address: 73 W. Frontage Road, South Fork CO, 81154
Sale Date: May 15th, 2018
Sale Price: $1,500,000
# of Units: 1
Net Square Footage: 8,724* SF
Total Square Footage: 9,100* SF
Lot Size: 51,400* SF (1.18 Acres)
*Buyer to verify accuracy of square footage.*
Dollar General: $8,082.65/Month
– Dollar General is the Country’s Largest Small-Box Discount Retailer
– Absolute NNN Lease – No Landlord Responsibility
– Great Location in Southern Colorado