Single-Tenant Collision Repair
For Sale
Contact for pricing
1840 Boston Avenue, Longmont, CO 80501
Leased NNN collision repair site with an established operator and convenient access to major regional roadways.
Property Size19,670 SF
Price / SF$210.98
Days on Market146
Property Features for 1840 Boston Avenue
General Information
Standard status
Active
Size
19,670 SF
Property subtype
Retail, Industrial
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$230,453
Additional Details
Highway Access
Yes
Building Details
Year Built
1996
Buildings
1
Tenancy
Single
Listing Agency:
Blue West Capital
Listed By:
Brian Wolfman · License #100090116
(949) 270-8210
Source:
Crexi
Added: May 29
Changed: Oct 1
Last Checked: Oct 20 at 6:48PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blue West Capital
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Investment Insights
Based on property information with market context.
This single-tenant automotive collision repair facility is offered for sale under a triple-net lease structure. The property is leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation. The facility is dedicated to collision repair and is positioned to support an ongoing, service-oriented tenant operation.
The property is located in Longmont, Colorado, near the signalized intersection of Boston Avenue and S Hover Street. The surrounding retail area includes Target, The Home Depot, King Soopers, Sam’s Club, At Home, and Discount Tire. Regional access is supported by U.S. Highway 287, State Highway 119, and Interstate 25.
For investors seeking a stabilized, single-tenant automotive asset with NNN responsibilities, this offering provides a straightforward leasing structure centered on a specialized collision repair use. For tenant and operator considerations, the site’s configuration supports an ongoing repair workflow and is situated within a busy commercial retail corridor with nearby national retailers and convenient highway access.
The property is located in Longmont, Colorado, near the signalized intersection of Boston Avenue and S Hover Street. The surrounding retail area includes Target, The Home Depot, King Soopers, Sam’s Club, At Home, and Discount Tire. Regional access is supported by U.S. Highway 287, State Highway 119, and Interstate 25.
For investors seeking a stabilized, single-tenant automotive asset with NNN responsibilities, this offering provides a straightforward leasing structure centered on a specialized collision repair use. For tenant and operator considerations, the site’s configuration supports an ongoing repair workflow and is situated within a busy commercial retail corridor with nearby national retailers and convenient highway access.
Key Highlights
- Single‑tenant automotive collision repair facility built in 1996 in Longmont, Colorado
- Leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation
- Triple‑net (NNN) lease structure provides stable income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$238,424
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,768,480
$4.8M
Cap Rate 7%
$3,406,057
$3.4M
Cap Rate 9%
$2,649,156
$2.6M
Market Conditions
NOI Build-Up for 19,670 SF
Gross rent
$354.1K $18.00/SF
− Vacancy
−$13.5K −$0.68/SF
EGI
$340.6K $17.32/SF
− OpEx
−$102.2K −$5.19/SF
NOI
$238.4K $12.12/SF
Area
Boulder County, CO
Vacancy
3.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,768,480
Cap Rate 7%
$3,406,057
Cap Rate 9%
$2,649,156
Alternative Uses
Best Use
Retail
$5.56M
$4.86M – $6.49M
NOI $389,112 @ 7.0% cap · market cap 9.38%
Second Best
Industrial
$3.41M
$2.98M – $3.97M
NOI $238,424 @ 7.0% cap · market cap 5.75%
Theoretical Best
Office A
$5.93M
$5.19M – $6.92M
NOI $415,430 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
468
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 80501, CO
42,822
Population
19,173
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,399
Density / Sq Mi
$77,705
Median Household Income
$42,599
Median Earnings
$1,586
Median Rent
$461,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Firestone Complete Auto Care — 940 S Hover St, Longmont, CO 80501
- ATM (Diamond Shamrock) — 680 Frontage Rd, Longmont, CO 80501
- Auto appearance center — 633 frontage rd b, longmont, co 80501
- Elite Powersports — 645 Frontage Rd, Longmont, CO 80501
- Automotive Authorities — 623 Frontage Rd #1, Longmont, CO 80501
Frequently Asked Questions
What type of property is this?
Auto shop - Leased NNN collision repair site with an established operator and convenient access to major regional roadways.
Where is this auto shop located?
The property is located at 1840 Boston Avenue Longmont, CO.
What is the asking price?
The asking price for this property is $4,150,000.
What are key features of this property?
This property features: Single‑tenant automotive collision repair facility built in 1996 in Longmont, Colorado; Leased to Caliber Bodyworks of Colorado, Inc., a subsidiary of Caliber Holdings Corporation; Triple‑net (NNN) lease structure provides stable income
