1303 Royal Gorge Boulevard, Canon City, CO 81212

GREAT 1031 EXCHANGE OPTION! Outstanding location on 22,000 VPD major highway and the #8 most visited Starbucks location out of 222 locations in Colorado. A net leased Corporate Starbucks with a current NOI of $130,888 (5.85% CAP rate) approximately 4.5 years remaining featuring four 5-year options with 10% increases in the base term and no early termination. The property is the only drive-thru Starbucks within 35 miles with strong neighboring tenants including Safeway, Walgreens, Dollar Tree, Natural Grocers, and more.

Cañon City is located 43 miles southwest of Colorado Springs and is home to the Royal Gorge Region, a popular tourist destination in Colorado, and home to the highest suspension bridge in the United States. Located along the Arkansas River; thousands of tourists visit Cañon City and the Arkansas River for whitewater rafting, sightseeing, and rock climbing. The Royal Gorge Bridge and Park welcomes more than 360,000 visitors each year with an annual economic impact of $30 million on the local economy.