6831 10th St - Auto Repair FOR SALE


Greeley, CO 80634
$2,255,000 USD
720-528-6308
6831 10th St, Greeley, CO for Sale
$2,255,000 USD
Auto Repair - FOR SALE
1/2

6831 10th St
Greeley, CO 80634


HIGHLIGHTS

  • Brand New 15 year NNN Ground Lease with Four 5-year renewal options and 10% contractual rent increases every 5 years
  • Synergy and cross-over traffic from surrounding daily needs and destination retailers: King Soopers and UC Health
  • High Density and Affluent Trade Area in one of the fastest growing areas in both Colorado and the nation!

OVERVIEW

CBRE National Retail Partners - Mountain is pleased to exclusively offer a single-tenant, new construction Valvoline Instant Oil Change located in Greeley, Colorado. The offering is inclusive of an absolute triple-net ground lease with a brand new 15 year lease plus four (4), 5-year automatic renewal options. The lease features a corporate guarantee from Valvoline (S&P: BB) while the location is operated by Quality Automotive Services, one of Valvoline’s largest and most successful franchise partners with more than 175 locations. The Offering features a 2,080-square foot three-bay, freestanding retail facility built exclusively for Valvoline Instant Oil Change and is under construction in 2025. Positioned along 10th Street (Bus-34), a main east/west thoroughfare in the Greeley, Colorado trade area, Valvoline Instant Oil Change has direct connectivity to Downtown Greeley, University of Northern Colorado, AIMS Community College and surrounding high density neighborhoods. Ideally positioned in a high barrier to entry location at the hard corner signalized intersection at West 10th Street and 69th Avenue, Valvoline benefits from premier visibility and traffic volumes of over 30,000 vehicles per day. Valvoline Instant Oil Change is a top ranked automotive services retailer in the U.S. and Canada, entering the quicklube business in 1986 by purchasing Rapid Oil Change in Minnesota. Valvoline Instant Oil Change has grown to over 1,900 locations offering stay-in-your-car vehicle maintenance services from certified technicians. Valvoline Instant Oil Change is being offered free and clear of existing debt on an “As-Is/Where Is” basis.

FOR SALE DETAILS

PRICE

$2,255,000 USD

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Valvoline

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

R6780572

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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Matt HenrichsCBRE, Inc.More Info
720-528-6308

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