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Virtual Drive-By

Big O Tires Absolute NNN

1900 S Townsend Ave · Montrose, CO 81401 · Specialty Retail

Asking price
$3,287,880
Cap rate
6.00%
NOI
$197,272

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We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeAbsolute NNN
Term remaining—
Expiration09/2035
Rent bumpsUncapped CPI Increases Every 3 Years
Options2 x 5 Years
Ground lease—
Credit profileCorporate Guarantee
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF6,288
Price / SF$523
Year built1993
Lot size0.57 ac
TypeAuto Shop
Days on market9

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

• Rare Corporate Guaranty: Big O Tires LLC, subsidiary of TBC

Corporation with over 450+ locations.

• Uncapped CPI Escalations Every 3 Years: No ceiling on

increases, with a ratchet structure protecting downside - rent

cannot decrease at any bump interval.

• Strong Historical Rent Growth: 32% realized rent growth since

2015 commencement, over 3 escalations periods (9 years).

• Near-term Rent Bump: A scheduled 2027 increase pushes the

estimated cap rate to ~6.75%, delivering a meaningful yield lift

for buyers acquiring at today's 6.00% cap.

• Signalized Hard Corner On US Hwy 550: 27,000+ VPD, located

on main thoroughfare, adjacent to multiple national credit

tenants.

• Hub of Western Colorado: Montrose sits in the Uncompahgre

Valley at the base of the San Juan Mountains - the gateway to

Telluride (1.5 hrs) and Crested Butte (92 miles), two of the

most acclaimed ski destinations in the country.

• Top Rated: With over 450 Google Reviews – boasts a 4.2 Star

Rating.

Property overview

ParaSell is pleased to exclusively offer for sale the

6,288 SF Big O Tires property located at 1900 S Townsend Avenue

in Montrose, CO.​ This investment offers a compelling opportunity

to acquire a well-positioned automotive service asset with built-in

income growth.​ An upcoming scheduled rent increase in 2027 will

raise the capitalization rate from 6.00% at acqu isition to ~6.75%,

providing investor s with a meaningful increase in yield with out

requiring additional capital investment.​ This attractive rent

escalation enhances long-term cash flow and overall investment

returns.​

Take the next step on this property

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.