6904 W 10Th St Greeley, CO 80634
Property Features for 6904 W 10Th St
General Information
- Size
- 2,060 SF
Building Details
- Year built
- 2017
Source:
Tcnworldwide
Listing Agent: Marc S Lippitt
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Verizon Store Investment Opportunity
This property offers the opportunity to purchase a Verizon Wireless store in Greeley, Colorado. The lease, which commenced on September 1st, 2020, has an initial term of 10 years and is guaranteed by Wireless Communications Inc dba Cellular Plus, which operates over 60 locations across 5 states. The property presents a value-add opportunity due to the availability of additional land for development. Currently, only half of the property is being utilized, suggesting the potential to increase the net operating income (NOI) through the addition of another building. The property is strategically located along Business US 34 (W. 10th Street), with visibility to over 29,000 vehicles per day. Demographics within a three-mile radius include an average household income of $107,184, a population of 44,843 individuals, and 15,649 employees. The property also offers additional income from mineral rights. The lease includes a 6% rent increase at the beginning of Year 6. The property contains 2,060 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Verizon
Cell Phone Store
Location Insight
- Map
- Local Demand
- City
- Greeley
- County
- Weld
- State
- Colorado
- Longitude
- -104.7911189
- Latitude
- 40.4209256
Nearby Similar for Sale
FAQs
What type of property is this?
Retail space - Partially developed pad site in desirable shopping center.
Where is this retail space located?
The property is located at 6904 W 10Th St Greeley, CO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: - Value-add opportunity: Undeveloped land allows for potential development to increase NOI.; - Corporate guarantee by Wireless Communications, Inc (dba Cellular Plus), a company with 60+ locations.; - Located in a desirable shopping center with high visibility: 29,000+ vehicles per day.