3690 Garfield Ave | Loveland, CO 80538
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- LoopNet Team
3690 Garfield Ave
Loveland, CO 80538
Walgreens Loveland, CO $6.1M Absolute Net · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE INCOME CORPORATE GUARANTEE - The Lease income is guaranteed by Walgreens parent corporate (S&P BBB-) investment grade, Fortune 500 Company, wit
- 2 MILES FROM BANNER HEALTH'S MCKEE MEDICAL CENTER - McKee Medical Center is a 132-bed, acute-care hospital with private patient rooms.
- SOLID DEMOS WITH HH INCOME OF $91,000 IN 5-MI RADIUS - HH income of ±$91,000 in 5-mi radius, population of over 100,000 in 5-mi radius.
- 12 YEARS REMAINING ON AN ABSOLUTE NET LEASE - Walgreens has agreed to a new 10 year lease extension which shows their commitment to this location.
- LIMITED DRUGSTORE COMPETITION - One of only two Walgreens within a 2-mi radius. There are no standalone CVS or Rite Aid stores within 40 miles.
- LOCATED ON MAIN THOROUGHFARE THROUGH LOVELAND - Located on SEC of N. Garfield Ave. & W. 37th St. with combined traffic of over 41,000 VPD.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
13,650 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.59 AC
Zoning
P-78
Parking
43 Spaces
PROPERTY TAXES
| Parcel Number | 95012-98-001 | Improvements Assessment | $527,059 |
| Land Assessment | $337,841 | Total Assessment | $864,900 |
PROPERTY TAXES
Parcel Number
95012-98-001
Land Assessment
$337,841
Improvements Assessment
$527,059
Total Assessment
$864,900
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