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Mountain Lion Place Retail 3525 Mountain Lion Dr 11,878 SF 100% Leased Retail Building Loveland, CO 80537 $3,050,000 ($256.78/SF) 8.52% Cap Rate
Investment Highlights
- Stable Income
- Irreplaceable Location
- Strong Leases
- Class A Retail
- Below Market Rents
Executive Summary
Cushman & Wakefield is pleased to present the opportunity to acquire this improved Class A multi-tenant retail center along Highway 34, offering a high-visibility investment in a dominant and rapidly growing retail corridor supported by strong population growth and daily traffic. The property features institutional-quality construction, a complementary tenant mix, with longer term historical occupancy and stable in-place income with upside through rent growth and lease rollover, all within a supply-constrained
market characterized by low vacancy and increasing demand. The asset has over 40+ years in options on the long-term ground lease.
market characterized by low vacancy and increasing demand. The asset has over 40+ years in options on the long-term ground lease.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,878 SF
Building Class
B
Year Built
2018
Price
$3,050,000
Price Per SF
$256.78
Cap Rate
8.52%
NOI
$259,860
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.24
Lot Size
1.16 AC
Zoning
B - Developing Business
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 85171-09-001 | Improvements Assessment | $807,057 |
| Land Assessment | $267,543 | Total Assessment | $1,074,600 |
Property Taxes
Parcel Number
85171-09-001
Land Assessment
$267,543
Improvements Assessment
$807,057
Total Assessment
$1,074,600
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