4214 Centerplace Dr
Greeley, CO 80634
Steak 'n Shake | Abs NNN w/ Increases · Retail Property For Sale

The subject property is strategically located just off U.S. Highway 34, averaging 39,200 vehicles passing by daily. The building is equipped with a drive-thru lane, providing ease and convenience for customers. The area is supported by a large university student population at the University of Northern Colorado (12,300 enrolled students) and Aims Community College (7,600 enrolled students), providing a direct consumer base to draw from. Additionally, the asset is ideally positioned as an outparcel to the institutionally owned CenterPlace of Greeley (574,000 SF), a grocery anchored power center with tenants including Safeway, Best Buy, Kohl’s, and Hobby Lobby, promoting crossover traffic to the site. Moreover, Steak ‘n Shake sits in the heart of the U.S. Highway 34 retail corridor with nearby national/credit tenants including Walmart Supercenter, Sprouts, The Home Depot, Tractor Supply Co., Michaels, and more, further increasing consumer draw to the subject area. Additionally, the site is within close proximity to several recent and future developments including The Center at CenterPlace, a 54 suite physical rehabilitation center, Bear Paw Shopping Center (26,600 SF), Greeley Lodge Senior Living (92 units), and UCHealth Greeley Medical Center (53 beds). The 5-mile trade area is supported by a dense population of more than 140,000 residents and 57,000 employees. The 3-mile area boasts an average household income of $80,985.