6904 W 10th St - Freestanding FOR SALE


Greeley, CO 80634
$2,200,000 USD
303-905-5888
6904 W 10th St, Greeley, CO for Sale
$2,200,000 USD
Freestanding - FOR SALE
1/6
null | 4.64% Cap Rate

6904 W 10th St
Greeley, CO 80634


HIGHLIGHTS

  • Additional Income from Mineral Rights
  • 6% Rent Increase at the beginning of Year 6.
  • Corporate Guarantee by Wireless Communications, Inc (dba Cellular Plus)
  • 60+ Locations in 5 States
  • Extra land to potentially develop

OVERVIEW

Unique Properties, Inc is pleased to present to qualified investors the opportunity to purchase a Verizon Wireless store in Greeley, Colorado. The lease commenced September 1st, 2020 and was a 10 year initial term. The lease is guaranteed by Wireless Communications Inc dba Cellular Plus. Cellular Plus has 60 locations throughout 5 states in the county. This is a value-add opportunity with the additional land to develop on. Currently, only half of the property is being utilized. With the addition of another building, an investor could significantly increase the NOI of the property and capitalize on their investment when they sell the Property. This is fantastic opportunity to own a partially developed pad site in one of the most desirable shopping centers in town.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,068 USD /SF

CAP RATE

4.64%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C-H

APN/PARCEL ID

095909209002

ASK ABOUT THIS PROPERTY

Marc LippittUnique Properties, Inc.More Info
303-905-5888

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Marc LippittUnique Properties, Inc.More Info
303-905-5888

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