The Shops at Stafford Lane

Price: $2,347,000
Sq. Ft.: 14,860
Cap Rate: 7.0%
Built: 2005

Marcus & Millichap is pleased to present the opportunity to acquire a fully stabilized, 14,860-square-foot, multi-tenant retail center in Delta, Colorado. The Shops at Stafford Lane is currently 100 percent leased, and all leases are triple-net. The center has a strong tenant base comprised of a mix of national and regional retailers, including T-Mobile, Cricket Wireless, Papa Murphy’s Pizza, H&R Block, Yes! Dental, Green Meadows Dispensary, and Hair Designers & Nails. Constructed in 2005, the building is situated on a 0.82-acre parcel.

The subject property is located on Stafford Lane at the hard corner intersection of Stafford Lane and Crawford Avenue. The center is positioned less than one-half mile south of State Highway 92, the city’s primary east-west thoroughfare. The Shops at Stafford Lane is shadow-anchored by Walmart Super Center and adjacent to a Sonic pad site. Other neighboring national retailers include Domino’s, Safeway Grocery, Taco Bell, AutoZone, The UPS Store, and more.  The property is located directly north of Delta County Memorial Hospital. The hospital is the largest employer in Delta County and provides additional traffic to the area.

  • 14,860-Square-Foot, Multi-Tenant Retail Center
  • Shadow-Anchored by Walmart Supercenter
  • Fully Stabilized | 100% Leased | All Leases are Triple-Net
  • Building has a Standing Seam Metal Roof
  • Tenants are a Complementary Mix of National and Local Retailers
  • 50% of the Gross Leasable Area has Personally Guaranteed Leases
  • T-Mobile, Papa Murphy’s Pizza, H&R Block, and Cricket Wireless are all Publicly-Traded
  • Adjacent to Sonic Pad Site | Other Neighboring National Retailers Include Dominos, Safeway Grocery, Taco Bell, AutoZone, UPS Store, and More
  • Hard Corner Location at the Intersection of Stafford Lane and Crawford Avenue
  • Less than One-Half Mile South of State Highway 92, the City’s Primary East-West Thoroughfare
  • Located Directly North of Delta County Memorial Hospital | Largest Hospital and Largest Employer in Delta County | Provides Additional Traffic to the Area
  • The City of Delta is the County Seat of Delta County | Located Approximately 39 Miles South of Grand Junction, Colorado