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Shopping Strip

Verizon and Noodles & Company

4650 Centerplace Dr, Greeley, CO 80634

Listing Price: $4,183,000

Cap Rate
5.50%
Gross SF
6,665
Rentable SF
6,665
Price/Gross SF
$627.61
Lot Size
1.53 acres
Year Built
2003

Investment Overview

Verizon Wireless and Noodles & Company occupy the subject property on corporately guaranteed triple-net leases. Verizon has occupied the subject property for over 13 years, has over five-years remaining on their lease, and have two percent annual increases to base rent. Noodles & Company has occupied the subject property since September 2015, has over three-years remaining on their lease, and two five-year extension options.

Investment Highlights

  • 100% Occupied Two-Tenant Retail Investment Property
  • Verizon Wireless Recently Extended Lease and Remodeled Their Space
  • Centerplace of Greeley - Where Greeley Shops
  • University of Northern Colorado (UNC) - Less than Three Miles Away
  • Expansive Residential Development Within Submarket

Exclusively Listed By

Shopping Strip

Verizon and Noodles & Company

Listing Price: $4,183,000

Cap Rate
5.50%
Gross SF
6,665
Rentable SF
6,665
Price/Gross SF
$627.61
Lot Size
1.53 acres
Year Built
2003

Investment Highlights

  • 100% Occupied Two-Tenant Retail Investment Property
  • Verizon Wireless Recently Extended Lease and Remodeled Their Space
  • Centerplace of Greeley - Where Greeley Shops
  • University of Northern Colorado (UNC) - Less than Three Miles Away
  • Expansive Residential Development Within Submarket

Investment Overview

Verizon Wireless and Noodles & Company occupy the subject property on corporately guaranteed triple-net leases. Verizon has occupied the subject property for over 13 years, has over five-years remaining on their lease, and have two percent annual increases to base rent. Noodles & Company has occupied the subject property since September 2015, has over three-years remaining on their lease, and two five-year extension options.

Exclusively Listed By

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