7004 W 10th St - Bank FOR SALE
Greeley, CO 80634 |
$1,765,000 USD
303-745-5800
7004 W 10th St
Greeley, CO 80634
HIGHLIGHTS
- Below-Market Rent: Current rent is $75,000, 54% of the average comparable new-build banks with ground leases.
- 12-Year Primary Term with 10% rent increases every 5 years and three, 5-year renewal options.
- Prime Retail Anchor: Anchored by King Soopers Marketplace, the #2 ranked King Soopers in the nation, attracting 1.9 million annual visits (Placer.ai).
- Population: 48,000 residents within a 3-mile radius, with growth projected at 12% over the next 5 years—outpacing Greeley City by 3.5%.
- Absolute NNN Lease: Tenant pays taxes, insurance, maintenance, and utilities with no Landlord management required.
- Investment-grade tenant (S&P A-) with $1.98 trillion in deposits, 3,600 U.S. branches, and average deposits per branch exceeding $100M.
FOR SALE DETAILS
PRICE
$1,765,000 USD
PRICE/SF
$450 USD /SF
CAP RATE
4.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.7 AC
LAND SF
30,492 SF
ZONING
-
APN/PARCEL ID
R6777760
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303-745-5800
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303-745-5800
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