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3001 S 23rd Ave
Greeley, CO 80631
24 Hour Fitness - Tractor Supply · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Excellent Two Tenant Net Leased Opportunity – New Long Term Leases – STRONG CREDIT
  • Inflation Hedge with 10% Rental Increases Every 5 Years
  • 10% Rental Increase in 2022 - 8% Rental Increases Each Option Period
  • 24 Hour Fitness - Brand New 10 Year Lease with 4 - 5 Year Options
  • Tractor Supply - Recently Extended 10 Year Lease - Proven Location - Operated Here Since 2012

PROPERTY FACTS

Property Type
Retail
Building Size
87,897 SF
Building Class
B
Year Built
1986
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
8.03 AC
Zoning
C-H - Greeley - Commercial
Parking
461 Spaces (5.24 Spaces per 1,000 SF Leased)
Frontage
659’ on S 23rd

AMENITIES

  • Air Conditioning

ABOUT 3001 S 23RD AVE , GREELEY, CO 80631

We are pleased to offer to qualified investors an opportunity to purchase (fee simple) a two tenant net lease investment that is 100% occupied by 24 Hour Fitness and Tractor Supply on long term leases. Due to the successful track record at this proven location, Tractor Supply has recently elected to extend their lease an additional 10 years while 24 Hour Fitness has just signed a brand new 10 year lease with rent commencement expected in November 2019.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R4483706
Land Assessment
$453,100
Improvements Assessment
$2,057,420
Total Assessment
$2,510,520
  • Listing ID: 17245158

  • Date on Market: 9/19/2019

  • Last Updated:

  • Address: 3001 S 23rd Ave, Greeley, CO 80631

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