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29707839
29707860

6005 W 10th St, Greeley, CO 80634

SB
CO CO 100030198
Wonderwall Realty LLC
Listed by Wonderwall Realty LLC
$1,150,000
121 days on market
Updated 8 days ago

VALUE-ADD AUTOMOTIVE / RETAIL FLEX

Details
Property Type Industrial, Retail
Sub Type Auto Shop, Flex (+1)
Square Footage 11,830
Cap Rate 2.17%
NOI $24,951
Occupancy 50%
Tenancy Single
Lease Type Gross
Lease Term 2
Lease Expiration 11/01/2027
Remaining Term 1.4
Rent Bumps No
Lease Options 1 year
Price per SqFt $97
Broker Co-Op Yes
Year Built 1973
Buildings 1
Stories 1
Acreage 0.830
Zoning C-H
Parking Spaces 40 spaces
Parking Per SqFt 3.38
Investment Type Value Add
Tenant Credit No Credit Rating
Lease Commencement 11/01/2025
Ground Lease No
Loading Docks 1
Ownership Private

Below Replacement Cost Auto/Flex • 6 Bays • Upside Through Utilities & Lease

Marketing description

6005 W 10th Street presents a fully functional automotive retail/flex facility with in-place income and significant upside potential.

The property consists of an 11,830 SF building (4,520 SF retail + 7,310 SF shop/warehouse) situated on ~0.83 acres along the high-visibility West 10th Street corridor.

The building is currently leased to one tenant; however, the tenant utilizes only a portion of the retail space, leaving additional retail area and the full shop component available for future lease-up or owner-user occupancy.

This offering is well-suited for:

  • Value-add investors

  • Automotive operators

  • Fleet or service businesses

  • Owner-users seeking income offset

  • Buyers comfortable executing infrastructure improvements

Building Features

Shop / Automotive Infrastructure

  • 6 service bays

  • All bays have 10’ overhead doors

  • Radiant heat in bay area

  • One forced air furnace in shop

  • Compressed air system throughout shop (feeds upper level)

  • Automotive lifts included in sale

  • Concrete-paved bay access

  • Functional service layout

  • Gated and fenced rear yard

Retail Area

  • 4,520 SF storefront frontage

  • Tenant currently occupies approx. half

  • 4 forced air furnaces (installed 1998)

  • LED lighting upgrade (2019)

  • Large glass bay doors and retail exposure

Capital Improvements

  • Roof replaced in 2015

  • LED lighting modernization (2019)

Water Disclosure

The property does not currently have municipal water connected.

Buyers should independently verify utility servicing and any required improvements. The asking price reflects this condition and has been positioned below replacement cost to account for future infrastructure investment.


Investment highlights

  • Priced Below Replacement Cost (~$97/SF)
  • Discounted Due to Utility Condition
  • 11,830 SF Retail + Automotive Flex Facility
  • Income in Place with Under-Market Lease
  • Tenant Utilizes Only Portion of Retail Area
  • 6 Service Bays with 10’ Overhead Doors
  • Radiant Heat + Compressed Air System Throughout
  • Automotive Lifts Included in Sale
  • Gated & Fenced Rear Yard for Secure Storage
  • Roof Replaced in 2015 | LED Lighting Updated in 2019
  • Owner-User Opportunity with Income Offset
  • Strong Visibility on West 10th Street Corridor

Listing Contacts

SB
CO CO 100030198
Wonderwall Realty LLC
Listed by Wonderwall Realty LLC

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$24,951.00
$2,079.25/mo

Valuation Metrics

0
DSCR
2.17%
Cap Rate
2.17%
ROI

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Additional Information

Name
Seth Bunting
License
CO 100030198
Brokerage
Wonderwall Realty LLC
Title
Managing Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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