1221 S Main St - Retail FOR SALE


Longmont, CO 80501
$2,200,000 USD
970-372-3853
1221 S Main St, Longmont, CO for Sale
$2,200,000 USD
Retail - FOR SALE
1/11
null | 6% Cap Rate

1221 S Main St
Longmont, CO 80501


HIGHLIGHTS

  • Ziggi's Coffee Sale and Lease Back
  • Drive Thru

OVERVIEW

Founder Operated Ziggi’s Coffee. Excellent location, ideal for 1031. Absolute NNN 15-year Lease to be signed at closing providing a 6% cap rate. Available individually or as a portfolio sale. This offering represents a rare opportunity to acquire a fee simple interest in a long-term absolute net investment for a Ziggi’s Coffee operated by Ziggi’s founders and CEO. The location is strategically located on South Main Street, the main artery for Longmont traffic flow with traffic counts in excess of 27,000 vehicles per day. This Ziggi’s location has been in operation since 2012. Founded in Longmont, Colorado in 2004, Ziggi’s has 103 locations open in 21 states with over 160 franchisees. Located in the thriving community of Longmont, Colorado at the lighted intersection of South Main Street and Missouri Ave., 1221 S. Main Street enjoys excellent visibility and a convenient location. Since opening in 2012, customers have been drawn to Ziggi’s on South Main as an easy stop for a superior cup of coffee, delicious food items, and outstanding service. With consistent ownership and operation since inception, this location continues to experience rock-solid performance with 13% revenue growth from 2022 to 2024. From the beginning, Ziggi’s mission has always been simple: Not only provide a superior cup of coffee, but also superior service that customers can rely on. Their commitment to “quality at the heart of everything we stand for” helps them provide customers with products that they love - that are exclusive to Ziggi’s - which has gained them a loyal following. They continue to blaze a trail of new product trends including the new launch of Dirty Sodas that have been wildly successful and are expected to positively impact both sales and profitability considerably. They also offer over 30 flavor options, including sugar-free flavors, and dairy alternatives, such as oat, soy, almond and coconut milks. To provide customers with an elevated experience, Ziggi's developed their own, proprietary energy

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$2,957 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,926 SF

ZONING

C

APN/PARCEL ID

1315103-34-001

ASK ABOUT THIS PROPERTY

Annah Moore CCIMCBRE, Inc.More Info
970-372-3853

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Annah Moore CCIMCBRE, Inc.More Info
970-372-3853

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.