3690 Garfield Ave - Drug Store FOR SALE
Loveland, CO 80538 |
3690 Garfield Ave
Loveland, CO 80538
HIGHLIGHTS
- STABLE INCOME CORPORATE GUARANTEE - The Lease income is guaranteed by Walgreens parent corporate (S&P BBB-) investment grade, Fortune 500 Company, wit
- 12 YEARS REMAINING ON AN ABSOLUTE NET LEASE - Walgreens has agreed to a new 10 year lease extension which shows their commitment to this location.
- 2 MILES FROM BANNER HEALTH'S MCKEE MEDICAL CENTER - McKee Medical Center is a 132-bed, acute-care hospital with private patient rooms.
- LIMITED DRUGSTORE COMPETITION - One of only two Walgreens within a 2-mi radius. There are no standalone CVS or Rite Aid stores within 40 miles.
- SOLID DEMOS WITH HH INCOME OF $91,000 IN 5-MI RADIUS - HH income of ±$91,000 in 5-mi radius, population of over 100,000 in 5-mi radius.
- LOCATED ON MAIN THOROUGHFARE THROUGH LOVELAND - Located on SEC of N. Garfield Ave. & W. 37th St. with combined traffic of over 41,000 VPD.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walgreens Loveland, CO $6.1M Absolute Net
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
13650
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
43
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
95012-98-001
