1604-1606 N Lincoln Ave - Auto Dealership FOR SALE


Loveland, CO 80538- Downtown Loveland
$10,749,219 USD
786-522-7013
1604-1606 N Lincoln Ave, Loveland, CO for Sale
$10,749,219 USD
Auto Dealership - FOR SALE
1/4
null | 6.15% Cap Rate

1604-1606 N Lincoln Ave
Loveland, CO 80538
Downtown Loveland


HIGHLIGHTS

  • One of Only Three Colorado All Inclusive TESLA Dealership, Repair and Service Centers
  • Loveland, Colorado with Average Household Income over $110,000 and 101,000 People in the Market Area
  • Tesla, Inc. is an American Multinational Automotive and Clean Energy Company with 1,359 Sales, Service and Delivery Centers in the U.S

OVERVIEW

Marcus & Millichap is pleased to present for sale one of only three Colorado All Inclusive TESLA Dealership, Repair and Service Centers located at 1604-1606 N. Lincoln Avenue in affluent Loveland, Colorado with average Household Income over $110,000 and 101,000 people in the market area and part of the Fort CollinsLoveland Metropolitan Statistical Area (Population 359,066). Loveland is located 46 miles north of the state capital of Denver, Colorado. Because of its location along U.S. 34, at one of the principal access routes to Estes Park and Rocky Mountain National Park, Loveland receives a significant amount of pass-through tourist traffic, especially in the summer months. Loveland also serves as a bedroom community for commuters to employment locations in Boulder, Westminster and other parts of the Denver Metropolitan Area and also to the college towns of Fort Collins (CSU), Greeley (UNC) and Boulder (CU). Numerous apartments surround this Tesla Dealership including The Gallery Flats, Lincoln Place Apartments, Patina Flats at the Foundry Apartments, Artspace Loveland Lofts, St. Valentine Apartments, Loveland Apartments and Pinyon Pointe. Many brand new home developments also surround this Tesla Property including Village Homes The Lakes at Centerra, Discovery at the Lakes at Centerra, The Shores at the Lakes at Centerra (75 SOLD OUT), Lakeview by Richmond American (30 SOLD, 30 MORE AVAILABLE), Toll Brothers at Heron Lakes (75 SOLD, 8 AVAILABLE), Oakwood Homes at Thompson River and Bridgewater Homes. Tesla, Inc. is an American multinational automotive and clean energy company. It is headquartered in Austin, Texas and designs, manufactures and sells battery electric vehicles. It has 1,359 sales, service and delivery centers and 7,000 Supercharges Stations. Net Income in 2024 was US $7.1 Billion and has 125,665 employees.

FOR SALE DETAILS

PRICE

$10,749,219 USD

PRICE/SF

$339 USD /SF

CAP RATE

6.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

168

LAND DETAILS

LAND ACRES

2.59 AC

LAND SF

112,820 SF

ZONING

B-Developing Business

APN/PARCEL ID

95123-44-002

ASK ABOUT THIS PROPERTY

Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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Ronnie IssenbergMarcus & MillichapMore Info
786-522-7013

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