1221 S Main Street, Longmont, CO 80501
Local realty services provided by:LUX Real Estate Company ERA Powered
1221 S Main Street,Longmont, CO 80501
$2,200,000
- - Beds
- - Baths
- 1,072 sq. ft.
- Single family
- Active
Listed by: annah moore9703723007
Office: cbre inc
MLS#:IR1031240
Source:ML
Price summary
- Price:$2,200,000
- Price per sq. ft.:$2,052.24
About this home
Introducing an exceptional investment opportunity at 1221 S Main St, Longmont, CO 80501. This Founder Operated Ziggi's Coffee location offers a prime spot on the bustling South Main Street, with high daily traffic of over 27,000 vehicles. Boasting a 15-year Absolute NNN lease, this property ensures a hassle-free investment with a reliable tenant. With a purchase price of $2,200,000 and a solid NOI of $132,000, this property yields a competitive 6% CAP rate. Ziggi's Coffee, founded in Longmont in 2004, operates 103 locations across 21 states, showcasing a successful track record. The property, built in 2010, comprises 332 SF of retail space and a 740 SF storage area on a .52-acre lot. The Longmont market's steady growth, paired with the brand's loyal following and innovative products like Dirty Sodas, promises continued success for this location. Don't miss out on this rare chance to own a piece of this thriving coffee business in an ideal Colorado setting.
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Home facts
- Year built:2010
- Listing ID #:IR1031240
Rooms and interior
- Living area:1,072 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Year built:2010
- Building area:1,072 sq. ft.
- Lot area:0.52 Acres
Schools
- High school:Other
- Middle school:Other
- Elementary school:Other
Utilities
- Water:Public
Finances and disclosures
- Price:$2,200,000
- Price per sq. ft.:$2,052.24
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