1590 Main Street Retail
  • Gross Leasable Area
    3,600 SFGross Leasable Area
  • Traffic Count
    21512Traffic Count
  • Occupancy
    100%Occupancy
  • Acres
    ~0.96 acAcres
  • Parking Ratio per 1,000 SF
    6.39Parking Ratio per 1,000 SF
  • Lease Type
    Abs NNNLease Type

Description

1590 Main Street is a Chipotle-occupied quick-service retail property for sale in Windsor, Colorado, within the Northern Colorado submarket. The 3,600 SF property is 100% occupied, positioning the purchase around an existing tenant and its lease rather than vacant-space leasing.

The building has 3,600 SF of gross leasable area on a 0.96-acre site. For a quick-service retailer, customer access is part of the operating equation: the property has 23 parking spaces, a parking ratio of 6.39 per 1,000 SF, and a traffic count of 21,512 AADT. The building was renovated in 2026. Its Absolute Net lease structure gives investors a defined basis for reviewing tenant and ownership obligations, while the 10 years of weighted average lease term puts the existing tenancy at the center of the acquisition. The ownership interest is Fee Simple.

The asking price is $3,076,000, or $854.44 PSF, with an asking price of $3,204,166.67 per acre. In-place NOI is $158,400 at an in-place cap rate of 5.15%, and stabilized NOI is $158,400. Those figures keep the investment case focused on the income in place rather than a separate lease-up scenario. For a buyer seeking a tenanted quick-service retail asset, the occupied building, Absolute Net lease and remaining weighted average lease term provide a clear framework for weighing the asking price against the current income.

Offering Summary

  • Asking Price
    $3,076,000
  • Price PSF
    $854.44
  • Price/Acre
    $3,204,166.67
  • Property Type
    Retail
  • Size
    3,600 SF
  • Occupancy
    100%
  • Properties
    1
  • Parking
    23
  • Total Acres
    ~0.96 ac

Sale Details

  • Walt
    10 Years
  • Cap Rate
    5.15%
  • NOI
    $158,400
  • Stabilized NOI
    $158,400
  • In-Place Cap Rate
    5.15%
  • In-Place NOI
    $158,400
  • GRM
    19.42
  • In-Place Rents
    158,400

Documents

Property Address

1590 Main Street
Windsor, CO 80550-7909

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Renovated
    2026
  • Parking Ratio
    6.39 per 1,000 SF
  • Total Parking
    23
  • Lease Type
    Absolute Net
  • Ownership Interest
    Fee Simple
  • Gross Leasable Area
    3,600 SF
  • Traffic Count
    21,512 AADT
  • Acres
    0.96

Deal Team

Chris Peters profile image

Chris Peters

Managing Partner, Executive Committee
CP Partners
John Andreini profile image

John Andreini

Partner, Executive Committee
CP Partners