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Tractor Supply & Gold's Gym
3001 23rd Ave, Greeley, CO 80631
Listing Price: $11,300,000
Investment Overview
Marcus & Millichap is pleased to offer to qualified investors an opportunity to purchase a two-tenant net leased asset, occupied by Tractor Supply and Gold's Gym. Positioned just off major throughfare US Hwy 34 (46,000+ VPD), shadow anchored by Walmart Supercenter and Sam's Club and across from the Greeley Mall making this one of the regions main shopping destinations.
This offering includes an 87,897 SF building located on an 8.03 acre lot and has value-add potential by adding a PAD outparcel for a single tenant NNN lease user. Multiple users, including coffee and automotive operators, have expressed interest in this location allowing a new buyer to take advantage of this lease up opportunity.
This is a rare opportunity to own a two-tenant net leased asset occupied by national brand retailers with long term leases in-place, offered at well below replacement cost with substantial up-side, located in a main retail trade area, nearby major retailers such as Walmart Supercenter, Sam's Club and many more.
Tractor Supply & Gold's Gym
Investment Highlights
- At the asking price this investment is being offered well below replacement cost at $129/SF
- New 20-Year Warranty TPO Roof for Tractor Supply & New 10-Year Warranty TPO Roof Completed for Gold Gym
- Ability to add/subdivide a parcel for a STNL Operator on Pad Site in the $75,000- $125,000 NNN Annual Rent Range Potentially adding over $2M in Value to the Property
Exclusively Listed By
Financing By
Listing Price: $11,300,000
Investment Highlights
- At the asking price this investment is being offered well below replacement cost at $129/SF
- New 20-Year Warranty TPO Roof for Tractor Supply & New 10-Year Warranty TPO Roof Completed for Gold Gym
- Ability to add/subdivide a parcel for a STNL Operator on Pad Site in the $75,000- $125,000 NNN Annual Rent Range Potentially adding over $2M in Value to the Property
Investment Overview
Marcus & Millichap is pleased to offer to qualified investors an opportunity to purchase a two-tenant net leased asset, occupied by Tractor Supply and Gold's Gym. Positioned just off major throughfare US Hwy 34 (46,000+ VPD), shadow anchored by Walmart Supercenter and Sam's Club and across from the Greeley Mall making this one of the regions main shopping destinations. This offering includes an 87,897 SF building located on an 8.03 acre lot and has value-add potential by adding a PAD outparcel for a single tenant NNN lease user. Multiple users, including coffee and automotive operators, have expressed interest in this location allowing a new buyer to take advantage of this lease up opportunity. This is a rare opportunity to own a two-tenant net leased asset occupied by national brand retailers with long term leases in-place, offered at well below replacement cost with substantial up-side, located in a main retail trade area, nearby major retailers such as Walmart Supercenter, Sam's Club and many more.
Exclusively Listed By
Financing By
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