400 Main St - Restaurant FOR SALE


Longmont, CO 80501
$2,200,000 USD
970-372-3853
400 Main St, Longmont, CO for Sale
$2,200,000 USD
Restaurant - FOR SALE
1/24
null | 6% Cap Rate

400 Main St
Longmont, CO 80501


HIGHLIGHTS

  • Ziggi's Coffee Sale and Lease Back
  • Original Ziggi's Coffee Location
  • Premier Downtown Corner

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 Main Street, the main artery for Longmont traffic flow. This property, on arguably the best corner in downtown Longmont seeing 26,000 vehicles per day, is The Original Ziggi’s Location. Founded at this corner in 2004, Ziggi’s has expanded to 103 locations open in 21 states with over 160 franchisees. Located in the thriving community of Longmont, Colorado at Main Street and 4th Avenue, this site enjoys excellent visibility and an outstanding downtown location. This is The Original Ziggi’s Coffee! Operating for the past 20+ years on this corner, Ziggi’s has become a fixture of the downtown community and benefited from extensive redevelopment and reenergizing efforts that have marked this flourishing neighborhood. With consistent ownership and operation since inception, this location continues to experience rock-solid performance with 21% 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 drink to give each energy infusion the signature Ziggi’s experience.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,311 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R02, Denver

APN/PARCEL ID

1315034-41-002

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.