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31740299
31740290

3026 1st Ave, Greeley, CO 80631 For Sale

BS
CO FA 100042149, CO FA 100042149 (+1)
Waypoint Real Estate
EC
CO 100085147
Waypoint Real Estate
Listed by Waypoint Real Estate
$1,242,857
92 days on market
Updated 31 days ago

3026 1st Avenue

Details
Property Type Industrial
Sub Type Warehouse
Square Footage 6,000
Cap Rate 7.00%
NOI $87,000
Tenancy Single
Lease Type NNN
Class C
Buildings 1
Acreage 0.580
Zoning I-M
Investment Type Stabilized
Ground Lease No
Ceiling Height 14

6,000 SF | 7% Cap Rate Industrial Warehouse w/ Fenced Yard

Marketing description

Waypoint Real Estate is pleased to present 3026 1st Ave, a 6,000 SF industrial building situated on 0.58 acres within Greeley's established industrial corridor, 0.7 miles from the US-85/US-34 interchange. The property offers 4,200 SF of warehouse space and 1,800 SF of office, (2) 12x12 overhead doors, and a large fenced outside yard, a combination increasingly difficult to find at this price point in the market.

Zoned Industrial Medium (I-M), the building is well-suited for a range of industrial, service, or contractor users seeking functional warehouse space with secured outdoor storage. The property is currently 100% leased, providing an investor with immediate, stable cash flow from day one.

3026 1st Ave presents an opportunity to own a functional industrial assess cash flowing from day one.

Investment highlights

INVESTMENT OVERVIEW

Sale Price $1,242,857

Acres 0.579

Zoned I-M

Total Building SF 6,000

Leased 100 %

Unit / Suite # 100

Tenant Occupied by: 6,000 SF (commenced MM/DD/YY)

NOI $87,000 ($14.50 / SF)

Strategic Location Direct access to US-85 and the US-34/US-85 interchange

Listing Contacts

BS
CO FA 100042149, CO FA 100042149 (+1)
Waypoint Real Estate
EC
CO 100085147
Waypoint Real Estate
Listed by Waypoint Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$87,000.00
$7,250.00/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

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Additional Information

Name
Brian Smerud
License
FA 100042149
Brokerage
Waypoint Real Estate
Brokerage Phone
9704150538
Title
Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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