Net Leased Checker Auto Parts Colorado

Ideal 1031 near Aspen and Vail, Colorado

Two tenant net leased retail property with national and
regional credit. CSK Auto, Inc. (NYSE: CAO) dba Checker Auto occupies 85% of
the property and Big O Tire franchisee occupies the balance of the
property. Both tenants are on long term
NNN leases with escalations making for easy property management: Checker has 13
years remaining and Big O is on brand new 10 year lease. Checker escalates
every 5 years at 10% and Big O has annual 2% increases. Property was fully
remodeled specifically for CSK in 2006. Property sits on out lot of the Glenwood Springs Mall which is anchored
by JC Penny, Staples, Dunlap’s and K-Mart. Property is directly off of
Interstate 70. Property is less than one
hour from Aspenand Vail Ski Areas and 30 minutes to Eagle/Vail Airport.

Glenwood Springs,Coloradois the retail center and county seat for Garfield County and benefits from the highly mobile population of Vail (East) and Aspen (South) and the
current expansion of Rifle/Battlement Mesa (West) along the highly traveled
I-70 corridor. The city acts as a regional trade center for the surrounding
area and is a major source of labor for the Aspen area as well as the booming oil and gas business. Next to tourism, the largest economic driver
in this area is construction, with 25% of the male population involved in the
construction trade.  Glenwood's growth is
evident in ongoing commercial & residential development.

Glenwood Springs attracts vacationers from
around the world to enjoy their hot springs, mountains, ski slopes, rivers, fishing,
biking and hiking. Glenwood Springs has
a variety of employment opportunities in the service, recreation, retail and
professional sectors as well as in government, construction, and education. The
tri-county area population is over 100,000 people.

For more information about this property or other investment opportunities, contact:

Thomas
G. Morgan, CCIM,
CIPS
CM
Commercial
866.539.1777
toll-free
866.539.1788
fax
www.cmcommercial.net