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401 Us Highway 24 N 13,230 SF 100% Leased Retail Building Buena Vista, CO 81211 For Sale

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Investment Highlights

Fully leased to national and local tenants with long-term NNN leases in place
Little Daisy Liquor offers strong local brand equity and diversified product mix
Minimal landlord obligations and stable income stream in a high-demand corridor

Anchored by Family Dollar, a credit-rated national retailer with corporate guarantee
Prime highway frontage with exposure to regional and tourist traffic

Executive Summary

Positioned along the high-visibility corridor of US Highway 24 in Buena Vista, Colorado, 401 US Highway 24 N presents a rare opportunity to acquire a fully occupied, dual-tenant NNN retail asset with long-term income stability. Anchored by a corporately guaranteed Family Dollar lease through June 2030 and complemented by the locally beloved Little Daisy Liquor through July 2031, this ±13,230-square-foot center offers investors a secure and diversified revenue stream with minimal landlord responsibilities.
Strategically located between Poncha Springs and Leadville, the property benefits from over 147 feet of highway frontage and captures steady traffic from commuters, regional residents, and year-round tourists drawn to the Arkansas Valley’s outdoor recreation. The site serves not only Buena Vista’s 2,800 residents but also the broader Chaffee County population and a growing eco-tourism base. Family Dollar, a subsidiary of Dollar Tree, brings national credit strength and recession-resilient retail performance, while Little Daisy Liquor contributes local brand loyalty and consistent foot traffic. The liquor store’s strong online reputation and niche product offerings, including disc golf gear, enhance its community appeal and retail synergy. With a current NOI of $159,572 and both tenants on long-term NNN leases, this asset offers predictable cash flow, low operational overhead, and a compelling foothold in one of Colorado’s most scenic and economically stable mountain towns.

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Property Facts

Sale Type

Investment

Property Type

Retail

Building Size

13,230 SF

Building Class

Year Built

1995

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.18

Lot Size

1.65 AC

Opportunity Zone

Yes

Parking

42 Spaces (3.17 Spaces per 1,000 SF Leased)

Frontage

147’ on U.S. Highway 24

Air Conditioning

Major Tenants

Retailer
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Family Dollar is a national discount retail chain headquartered in Chesapeake, Virginia, operating as a subsidiary of Dollar Tree since 2015. The company provides affordable everyday merchandise including household goods, groceries, cleaning supplies, apparel, health and beauty products, and seasonal items. Originally founded in 1959 in Charlotte, North Carolina, Family Dollar expanded rapidly through the Southeast and later nationwide. After its acquisition by Dollar Tree, the corporate headquarters transitioned to Chesapeake, though Family Dollar continues to maintain major operations and a distribution presence in Matthews and Charlotte, North Carolina. The Chesapeake headquarters supports executive leadership, merchandising, supply chain, operations, and administrative functions for thousands of Family Dollar stores across the United States. The brand focuses on neighborhood convenience, operating small-format stores that emphasize essential products at low prices.