257 Johnstown Center Dr - Storefront Retail/Office FOR SALE


Johnstown, CO 80534
$5,800,000 USD
303-861-4667
257 Johnstown Center Dr, Johnstown, CO for Sale
$5,800,000 USD
Storefront Retail/Office - FOR SALE
1/25
null | 6.6% Cap Rate

257 Johnstown Center Dr
Johnstown, CO 80534


HIGHLIGHTS

  • Diversified Tenants
  • Average Leasable Space Size id 1,354 Square Feet
  • Low Maintenance
  • 125 Parking Spaces
  • Population Growth

OVERVIEW

Well maintained building with upside in the Johnstown Downtown District. Quality 2005 construction with excellent rental history. The Johnstown Center hosts a diverse mix of vibrant businesses that compliment and support each other. There is 18,530 SF of retail on the main level that includes two restaurants, liquor store, café, hair salon, nail salon, two dentists, massage therapy, and H & R Block. The second level hosts 5,848 SF of office spaces with eight businesses. There is ample parking. Other great features: Low maintenance, upgrades & professional management. This multi-tenant property has undergone significant improvements by the current owner to reposition the center into Johnstown’s premier business center. An easy to own investment property! WWW.JOHNSTOWNCENTER.COM

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

6.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,752 SF

ZONING

C

APN/PARCEL ID

105908120006

ASK ABOUT THIS PROPERTY

Thomas ShockcorShockcor, Inc.More Info
303-861-4667

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Thomas ShockcorShockcor, Inc.More Info
303-861-4667

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