Listing Provided By: Michelle Hickey Crawford 9702157016 with RE/MAX Comm. Alliance-FTC Dwtn
RE/MAX Commercial Alliance is pleased to present the opportunity to purchase this well tenanted and diverse investment offering. The Glick Brothers Business Park is comprised of retail, showroom, and warehouse building types and operates as an investment property with 26 tenants. On 4.66 acres of land w a premium location, it offers easy access off two major arterials with a vehicle count of 78,775 VPD. The location attracts activity from the greater NoCo area, including Loveland, Windsor, Greeley, and Johnstown which greatly benefits the tenants within the center. Due to the premium location land values in the neighboring area are on the higher end of market. Overall improvements incl a new roof value of $1.2M in 2016, HVAC updates, and 6 new restrooms. The historical vacancy is low due to the premium location of the property and is easily tenanted and attracts a wide variety of uses. This investment offering has many long term renters and is ideal for the risk adverse investor.
- Price:
- $16,330,000
- Acreage:
- 4.66
- Year Built:
- 1974
- Listing ID #:
- 937590
- Street Address:
- 1823 E Harmony Rd
- City:
- Fort Collins
- State:
- Colorado
- Postal Code:
- 80528
- County:
- Larimer
- Community:
- Fort Collins
- Subdivision:
- Hc
- Listing Status:
- Pending
- Listing Type:
- Commercial Sale
- Building Condition:
- Not New, Previously Owned
- Construction Type:
- Metal Siding
- Square Footage Source:
- Assessor
- Type Of Roof:
- Rubber
- Year Built:
- 1974
- Business Type:
- Retail, Retail-Showroom, Industrial, Warehouse, Manufacturing, Variety
- Gross Income:
- 1252269.03
- Net Operating Income:
- 653320.03
- Operating Expense:
- 598949
- Conforms To Zoning:
- Hc
- Lot Size:
- 202990
- Lot Size Units:
- Square Feet
- Lot Square Footage:
- 202990
- Days On Market:
- 347
- Originating Mls:
- Ires Mls
- Price Per Square Foot:
- 138.58
- Property Taxes:
- $246,664
- Tenant Pays:
- All Operating Costs (used Alone)
- Cooling System:
- Refrigeration/Hvac
- Existing Water:
- City Water, City Fort Collins
- Has Central Air Conditioning:
- Yes
- Heating:
- 2 Or More Heat Sources
- Heating:
- Yes
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Michelle Hickey Crawford 9702157016 with RE/MAX Comm. Alliance-FTC Dwtn
