Technical
Financial
Distress signals
Property profile

2321 Eisenhower Blvd Loveland, CO 80537

OFF-MARKET
Grocery and convenience stores
Property ID
US13-1142265
50,098 SF 4.5 ac lot Built 1984
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fee-simple owned, 50,096 square-foot Safeway grocery store located at 2321 W Eisenhower Blvd, Loveland, CO 80537. The property boasts a strong 5.50% cap rate, generating a substantial net operating income (NOI) of $656,527. Secured by a corporate guarantee from Albertsons Companies, Inc., this absolute triple-net (NNN) lease ensures zero landlord responsibilities. The current lease, commencing July 1, 2019, and expiring June 30, 2039, offers a substantial 14.6 years remaining on the primary term, further enhanced by eight five-year renewal options. Rent increases are incorporated into the lease agreement. Built in 1984 and renovated in 2008, this single-story building sits on a spacious 196,020 square-foot lot. The property's Class A designation reflects its high quality and prime location within a thriving community. The asking price is $11,936,855, translating to a price per square foot of $238.28. This investment is ideal for those seeking a secure, long-term, passive income stream with a reputable national tenant in a desirable Colorado location. The property is 100% occupied since July 1, 2019. This offering is structured for a 1031 exchange.

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1984
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 50,098 SF
Lot 4.5 ac (196,020 SF)
APN 95103-46-001
UPID US13-1142265

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pharmacy
  • Grocery & Convenience Store Food Market
  • Shopping Center & Mall
  • Atm
  • Cafe & Coffee Shop

Location

2321 Eisenhower Blvd Loveland, CO 80537-3151
Loveland metro Census 1902 FORT COLLINS-LOVELAND, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.25M
CAP Approach CAP
$6.75M
Comparable Approach Comparable
$10.62M
Blend (final) Blend
$11.46M

Owner & transaction history

since 2025
Last sale
$10.1M
7 recorded transactions
2025
$10.1M
2020
$11.4M
2019
$9.9M
2019
Price N/A
2018
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $16.0M +35.9%
Medical building $15.5M +31.9%
Auto repair, garage $13.1M +11.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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