2979-2985 N Garfield Ave
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2979-2985 N Garfield Ave
39,488 SF 28% Leased Retail Building Loveland, CO 80538 $5,923,000 ($150/SF)
Investment Highlights
- Purchase Below 50% Replacement Cost
- Excess Ground for Expansion
- Abundant Parking
- Reduce Occupancy Costs with In-Place Income
- Excellent Visibility to Hwy 287
Executive Summary
Loveland Marketplace is located in the center of the City of Loveland on the main north/south arterial. The path of growth moving North runs directly past the center on Highway 287 with ±34,000 VPD. Two full-turn signalized intersections allow superb access for customers. The building offers a shared loading dock and (3) 10’x12’ overhead doors for loading access.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
39,488 SF
Building Class
C
Year Built/Renovated
1984/2002
Price
$5,923,000
Price Per SF
$150
Percent Leased
28%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
4.46 AC
Zoning
B - Developing Business
Parking
196 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
303 FT on Garfield Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Space | Size | Space Use | Position | Available |
2981 | 3,659-28,592 SF | Retail | In-Line | Now |
2981
Size |
3,659-28,592 SF |
Space Use |
Retail |
Position |
In-Line |
Available |
Now |
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2981
Size | 3,659-28,592 SF |
Space Use | Retail |
Position | In-Line |
Available | Now |
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 95024-37-001 | Improvements Assessment | $642,370 |
Land Assessment | $306,230 | Total Assessment | $948,600 |
PROPERTY TAXES
Parcel Number
95024-37-001
Land Assessment
$306,230
Improvements Assessment
$642,370
Total Assessment
$948,600
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2979-2985 N Garfield Ave
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