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Photography available after free registration below
Virtual Drive-By

Valero Absolute NNN

200 N Main St · La Veta, CO 81055 · Convenience / Fuel

Asking price
$2,900,000
Cap rate
8.00%
NOI
$232,000

Need financing on this deal

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 remaining20.0 yrs
Expiration
Rent bumps10% increases every 5 years
Options4 X 5-Year
Ground leaseNo
Credit profileFranchisee
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 SF3,652
Price / SF$794
Year built1985
Lot size0.92 ac
TypeGas Station, Convenience Store
Days on market86

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

Highway 12 frontage — directly on the Highway of Legends National Scenic Byway, an 82-mile designated America's Byway connecting Walsenburg to Trinidad. Heavy seasonal tourism traffic.

Gateway position — first/last fuel stop entering or leaving La Veta from the north, at the base of the Spanish Peaks.

Tourism catchment — captures travelers heading to Cuchara ski/recreation area, San Isabel National Forest, Cuchara Mountain Park, Lathrop State Park, and the Trans America Trail.

Diesel demand — ranching corridor and through-travelers (RVs, trucks) support diesel volume year-round.

Limited competition — La Veta has only three gas stations serving the entire Cuchara Valley tourist corridor.

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 18, 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.