Shopping Neighborhood

Johnstown Plaza (Building E1)

Listing Price: $6,285,000

Cap Rate
6.75%
Gross SF
15,140
Rentable SF
15,140
Price/Gross SF
$415.13
Lot Size
0.42 acres
Year Built
2017

Investment Overview

PREMIER NORTHERN COLORADO SHOPPING DESTINATION The intersection of Interstate 25 and Highway 34 is the retail destination for Northern Colorado residents, generating close to $400 million in annual sales. Key retailers at this intersection include: SCHEELS, Target, Best Buy, Hobby Lobby, Tuesday Morning, Metrolux 14 Theaters, P.F. Chang’s, Macy’s, Nike Factory Store, Levi’s Outlet Store, Carter’s, Casual Male, Ann Taylor Factory, Dicks. RAPIDLY GROWING SUBMARKET Population within a 5-mile radius is projected to grow by 18.25% over the next five years. There are two significant residential developments propelling that growth one located on either side of I-25 just north of Highway 34. The Lakes at Centerra which will include 1,231 single family homes and townhomes on the west side of I-25, and Kinston at Centerra which will include 2,828 residential units on the east side.

Investment Highlights

  • Shadow Anchored by Scheels | Enormous Trade Area
  • Strong Tenancy | Top Performing Bad Daddy's
  • 100% Leased with Long Term Leases in Place
  • Located at Major Northern Colorado Interchange with 138,000 VPD
  • Passive Investment, No CAM Management Required

Exclusively Listed By

Shopping Neighborhood

Johnstown Plaza (Building E1)

Listing Price: $6,285,000

Cap Rate
6.75%
Gross SF
15,140
Rentable SF
15,140
Price/Gross SF
$415.13
Lot Size
0.42 acres
Year Built
2017

Investment Highlights

  • Shadow Anchored by Scheels | Enormous Trade Area
  • Strong Tenancy | Top Performing Bad Daddy's
  • 100% Leased with Long Term Leases in Place
  • Located at Major Northern Colorado Interchange with 138,000 VPD
  • Passive Investment, No CAM Management Required

Investment Overview

PREMIER NORTHERN COLORADO SHOPPING DESTINATION The intersection of Interstate 25 and Highway 34 is the retail destination for Northern Colorado residents, generating close to $400 million in annual sales. Key retailers at this intersection include: SCHEELS, Target, Best Buy, Hobby Lobby, Tuesday Morning, Metrolux 14 Theaters, P.F. Chang’s, Macy’s, Nike Factory Store, Levi’s Outlet Store, Carter’s, Casual Male, Ann Taylor Factory, Dicks. RAPIDLY GROWING SUBMARKET Population within a 5-mile radius is projected to grow by 18.25% over the next five years. There are two significant residential developments propelling that growth one located on either side of I-25 just north of Highway 34. The Lakes at Centerra which will include 1,231 single family homes and townhomes on the west side of I-25, and Kinston at Centerra which will include 2,828 residential units on the east side.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower