The subject property is a new Duckwall - ALCO Discount store located in the southeastern corner of Colorado in the City of Springfield. This 25,614 sf store was necessary to replace a successful small older store which will be closed upon completion. ALCO sells name brand products in smaller towns throughout the midwest U.S. Springfield’s ecomony is dominated by farming (wheat, feed grains, corn) and ranching (cattle). Springfield is the county seat of Baca County and is home to the county government services and SE Colorado Hospital and nursing home. Springfield serves as the service and commercial center for the mostly agricultural based Baca County.

Tenant: Duckwall - ALCO Stores, Inc.
Duckwall-ALCO Stores, Inc is a regional retailer that specializes in offering an exceptional product selection at reasonable prices to smaller underserved communities throughout the central Unites States. Founded in 1901, the Company began operations as a variety store or dime store. Stores average 20,000 sf more than double the size of other deep discount competitors. The Company’s strategy is to identify and open stores in towns that will provide the highest return on investment. The Company operates 264 stores in 23 states in the central United States. The Company targets smaller markets not served by other regional or national full-line retailers to provide the most convenient access to retail shopping. Ideal markets are one’s with population of less than 5,000 and trade area of under 20,000. Stores carry 35,000 name brand items including apparel, automotive, candy, crafts, domestics, electronics, furniture, hardware, health and beauty, housewares, jewelry, music, sporting goods and toys. The Company has licensing agreement with large retailers like Radio Shack and Bass Pro Shops to sell their products in these smaller markets.