2501 11th Ave
Greeley, CO
Price:
$3,754,000
Cap Rate:
4.65%
NOI:
$174,576
Building Size:
Approx. 3062 Sq. Ft.
Lot Size:
Approx. 0.56 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 3,062+/- SF Building on 0.56+/- Acre Site
- New 15-Year Corporate NNN w/ 10% Rent Bumps Every 5-Years
- Located along 11TH Ave (15K VPD), just N of State Route 34 (38K VPD)
- Signalized Intersection, surrounded by Residential, Retail, & Commercial
- Walking distance to the University of Northern Colorado (12,600 Students)
- Greeley is a college town located 50-Miles northeast of downtown Denver
- Strong Income Demographics with estimated $73,353 within a 5-Mile Radius
- Ranked as one of the top cities for jobs and to raise a family – Smart Assets 2019