3001 23rd Avenue

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3001 23rd Avenue

Greeley, CO 80631
Asking Price
$10.51M
Cap Rate
7.47%
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Two Tenant Retail Asset | 100% Occupied by Tractor Supply Co & Gold’s Gym <ul><li>​<span style="color: rgba(0, 0, 0, 1)">Two Tenant NN Investment - Major University Location</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">New 10+ Lease Term Extension for Gold’s Gym - High Performing</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Tractor Supply Short Term Lease with Below Market Rent</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">New Roof with 20 Year Warranties in Place</span></li><li>​<span style="color: rgba(0, 0, 0, 1)">Strong Rental Increase Gr

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NOI
$80,000
Cap Rate
0.76%
DSCR
0.13
Underwater
Cash-on-Cash
-17.25%
Monthly Payment
$51,973.008
Annual Cash Flow
$-543,676.099

Location & Travel Times