N Colorado Walgreens VillageMD Affluent Demos 835 E 17th Ave 14,412 SF Retail Building Longmont, CO 80504 $4,240,337 ($294.22/SF) 8% Cap Rate

We are pleased to market for sale the Walgreens property located at 835 E 17th Ave, Longmont, CO 80504 (the “Property”). The current lease term runs through July 31, 2028, with ten (5-Year) renewal options. Walgreens operates under a triple net lease, with the tenant responsible for all property expenses. The Property also includes a co-located Village Medical clinic, one of only three Walgreens locations in Colorado selected for VillageMD’s integrated primary care rollout in 2023.
The surrounding area supports strong demographics, with an average household income of $117,577 within a 1-mile radius and a population exceeding 94,000 within a 5-mile radius.
Longmont is positioned within Colorado’s innovation and advanced manufacturing corridor, supported by key infrastructure investments and business incentives. In 2024, Longmont secured one of only two CHIPS Zone designations in Colorado, unlocking refundable state tax credits for companies involved in semiconductor design and manufacturing. Existing fabrication and R&D operations by firms such as Seagate, AMD, and Micron already anchor the region’s advanced electronics cluster.
Longmont’s economic development platform also highlights more than 40 IT, aerospace, robotics, and hardware companies active in the area, including Scythe Robotics, Intelliprop, and Seagate Technology. In addition to the CHIPS Zone, the city offers Enterprise Zones, and high-capacity municipal gigabit broadband infrastructure through its city-run NextLight network.