1641 23rd Ave - Drug Store FOR SALE
Greeley, CO 80634 |
$5,000,000 USD
404-400-2794
1641 23rd Ave
Greeley, CO 80634
HIGHLIGHTS
- Long-Term Lease: Approximately 11.6 years remaining on the original 25-year term, providing stable, long-duration income.
- Absolute NNN Lease: Zero landlord responsibilities, offering a passive investment structure.
- Prime Parcel: Situated on a ±2.25-acre lot with ample parking, drive-thru pharmacy access, and excellent visibility.
- Strategic Location: Positioned just off 16th Street, a major east-west arterial in a dense residential corridor.
- Minimal Competition: No competing pharmacies within a one-mile radius enhances tenant performance potential.
FOR SALE DETAILS
PRICE
$5,000,000 USD
PRICE/SF
$346 USD /SF
CAP RATE
8%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
2.25 AC
LAND SF
98,010 SF
ZONING
-
APN/PARCEL ID
R3919605
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404-400-2794
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404-400-2794
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