5601-5753 McWhinney Blvd - Retail CONDO FOR SALE
Loveland, CO 80538 |
$5,458,000 USD
970-219-1493
5601-5753 McWhinney Blvd
Loveland, CO 80538
HIGHLIGHTS
- Offered below current replacement cost, providing immediate value and cost protection.
- Long-term NNN lease with Gold’s Gym, reducing landlord obligations and ensuring stable income.
- Recently renovated in 2024, delivering a modern, high-quality fitness facility.
- Located in Loveland Yards with excellent visibility and direct access to I-25 and Highway 34.
- Positioned within a major retail hub near The Promenade Shops at Centerra and Johnstown Plaza.
- Low operating expenses with no metro district and annual costs of only $4.90 per SF.
OVERVIEW
Schuman Companies is pleased to offer the opportunity to purchase the Golds Gym at The Loveland Yards.
5709- 5725 McWhinney has been fully renovated and totals 24,514 sf.
There is 9 years left on the initial term of the lease, current rental rate is $15.61NNN, equals $382535.
Solid investment that can be acquired for below replacement costs at only $222/ sf.
Call Alex for further details- 970-219-1493
FOR SALE DETAILS
PRICE
$5,458,000 USD
PRICE/SF
$223 USD /SF
CAP RATE
7.01%
# OF UNITS
1
CONDO SIZE
-
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bldg A
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
143,296 SF
STORIES
1
BUILDING CLASS
A
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
350
LAND DETAILS
LAND ACRES
14.12 AC
LAND SF
615,202 SF
ZONING
B
APN/PARCEL ID
85103-06-003,85103-07-001,85103-07-016,85103-07-017,85103-07-029
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970-219-1493
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970-219-1493
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