2151 Main St Longmont, CO 80501-1493

Property Details for 2151 Main St

Year built

1975

Construction

CONCRETE BLOCKS

Lot size

10.99 lot acres

Property size

87,416 SF

Property type

Commercial real estate

APN

1205-27-2-10-003

APU

120527210003

Description

This exceptional 155,905-square-foot shopping center in Longmont, Colorado, presents a compelling investment opportunity. Boasting a 6.01% cap rate and a strong 93% occupancy, the property offers a substantial net operating income (NOI) of $1,123,360. The asking price is $18,700,000, translating to $119.94 per square foot. Anchored by a King Soopers grocery store (a Kroger subsidiary), the center also features prominent tenants such as Big Lots, Planet Fitness, Dollar Tree, and Murdoch's Ranch & Home Supply. Four freestanding outparcels, including Noodles & Company and a Take 5 Oil Change, further enhance the property's value and income stream. Strategically located on Main Street (36,100 vehicles per day) with excellent visibility and access to State Highway 66 (30,000 vehicles per day), the center benefits from high traffic counts and multiple ingress/egress points. The 14.1-acre site is zoned for commercial use and features multiple monument/pylon signs. The property underwent renovations in 2024. The center serves a dense population of over 103,000 residents within a 5-mile radius, boasting an average household income exceeding $117,610. Longmont's thriving economy, fueled by major tech companies and its "Gig City" status, ensures a robust and growing market. The property is offered fee simple (land and building). This is a rare opportunity to acquire a high-performing, well-located shopping center in a dynamic Colorado market.