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Drive-Through Quick-Service Restaurant
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5180 N Garfield Ave, Loveland, CO 80538

Drive-thru oriented commercial property with ample parking and a flexible layout along a major north-south corridor.

Property Size668 SF
Days on Market94

Property Features for 5180 N Garfield Ave

General Information

Standard status Active
Size 668 SF

Additional Details

Highway Access Yes

Building Details

Year Built 2024
Listing Agency: Cushman & Wakefield
Listed By: Nate Heckel · License #FA.040037901
Source: Thestrohmangroup
Added: Jul 24 Changed: Oct 3 Last Checked: Oct 24 at 8:23PM

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 Cushman & Wakefield

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Investment Insights

Based on property information with market context.

5180 N Garfield Ave is a drive-thru-oriented commercial property designed for quick-service concepts, including restaurant or coffee use. The site includes ample parking and a flexible layout to support drive-thru operations.

The property is located along a major north-south corridor with convenient access to Highway 287, providing straightforward ingress/egress for customers.

Available for sale to an owner-user or for lease, the offering provides an immediately usable site for a drive-thru operator seeking a presence in Loveland.

Key Highlights

  • Drive‑thru oriented commercial property at 5180 N Garfield Avenue in Loveland, CO
  • Located along a major north‑south corridor with convenient access to Highway 287
  • Ample parking available on‑site

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,195
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,900 $143.9K
Cap Rate 7%
$102,786 $102.8K
Cap Rate 9%
$79,944 $79.9K
Market Conditions
NOI Build-Up for 668 SF
Gross rent
$9.9K $14.79/SF
− Vacancy
−$287 −$0.43/SF
EGI
$9.6K $14.36/SF
− OpEx
−$2.4K −$3.59/SF
NOI
$7.2K $10.77/SF
Area
Larimer County, CO
Vacancy
2.90%
Lease Rate
$14.79 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$143,900
Cap Rate 7%
$102,786
Cap Rate 9%
$79,944

Alternative Uses

Best Use
Specialty Retail
$102.8K
$89.9K – $119.9K (±1% cap)
NOI $7,195 @ 7.0% cap · market cap 719,500.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$179.3K
$156.9K – $209.2K (±1% cap)
NOI $12,551 @ 7.0% cap · market cap 1,255,100.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Hair Salon Building Supply Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

244
Businesses Nearby

Demographics for 80538, CO

49,084
Population
21,923
Households
2.2
Avg Household Size
43
Median Age
42%
College-Educated
96%
High-School Grad
102.2 sq mi
ZIP Area
480
Density / Sq Mi
$85,057
Median Household Income
$49,074
Median Earnings
$1,730
Median Rent
$472,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Drive through restaurant - Drive-thru oriented commercial property with ample parking and a flexible layout along a major north-south corridor.
Where is this drive through restaurant located?
The property is located at 5180 N Garfield Ave Loveland, CO.
What are key features of this property?
This property features: Drive‑thru oriented commercial property at 5180 N Garfield Avenue in Loveland, CO; Located along a major north‑south corridor with convenient access to Highway 287; Ample parking available on‑site
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