2033 N Boise Avenue, Loveland, CO, 80538
  • $1,900,000

Overview

Property ID: HZ6588816
  • Retail, CommercialSale
  • Property Type
  • 20038 Sq Ft
  • Area Size
  • 1984
  • Year Built

Description

Good Day Pharmacy is a long term tenant of more than 34 years at property, with recently signed new 10 year term.
Strong corporate guarantee from Good Day Pharmacy, a large privately owned regional pharmacy established in 1986 with 9 locations across NoCo and more than $37M in sales in 2021.
Good Day Pharmacy annual rent of $58,108 ($22.35/SF NNN) years 1 through 5 with 2.0% annual increases years 6 through 10.
Good Day Pharmacy has 2 five year options.
Loveland Youth Clinic a long term tenant of more than 19 years at property provides pediatric healthcare services and has been in business since 1975.
Loveland Youth Clinic annual rent of $53,085 ($14.81/SF NNN) on an informal month to month lease since 2013 with historical 4.0% annual increases.
Owner missed billing Loveland Youth Clinic a prior rent increase and has a 14 month repayment agreement from May 2022 through July 2023 for $17,481 or $1,248 per month.
Leases are NNN lease structure with limited landlord responsibilities for capital repair & replacement of roof, structure, parking lot, and HVAC and tenant responsible for ongoing repairs & maintenance.

  • Address: 2033 N Boise Avenue
  • City: Loveland
  • State/county: Larimer
  • Zip/Postal Code: 80538

Details

Updated on July 27, 2022 at 2:13 pm
  • Property ID HZ6588816
  • Price $1,900,000
  • Property Size 20038 Sq Ft
  • Year Built 1984
  • Property Type Retail, CommercialSale
  • Property Status Active

Additional details

  • PropertySubType Retail
  • Tax Year 2022
  • Architectural Style Traditional, Detached
  • Road SurfaceType Paved
  • Construction Materials Brick, WoodSiding, WoodFrame
  • Utilities CableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, HighSpeedInternetAvailable, PhoneAvailable, PhoneConnected, SewerConnected
  • Roof Architectural, Shingle
  • Lot Features CornerLot
  • LotSize SquareFeet 20038
  • LotSizeArea 0.46
  • LotSizeUnits Acres

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