2033 N Boise Avenue, Loveland, CO, 80538
- $1,900,000
Overview
- Retail, CommercialSale
- 20038 Sq Ft
- 1984
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
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Address: 2033 N Boise Avenue
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City: Loveland
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State/county: Larimer
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Zip/Postal Code: 80538
Details
Updated on July 27, 2022 at 2:13 pm-
Property ID HZ6588816
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Price $1,900,000
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Property Size 20038 Sq Ft
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Year Built 1984
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Property Type Retail, CommercialSale
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Property Status Active
Additional details
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PropertySubType Retail
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Tax Year 2022
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Architectural Style Traditional, Detached
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Road SurfaceType Paved
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Construction Materials Brick, WoodSiding, WoodFrame
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Utilities CableAvailable, ElectricityAvailable, ElectricityConnected, NaturalGasAvailable, NaturalGasConnected, HighSpeedInternetAvailable, PhoneAvailable, PhoneConnected, SewerConnected
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Roof Architectural, Shingle
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Lot Features CornerLot
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LotSize SquareFeet 20038
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LotSizeArea 0.46
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LotSizeUnits Acres
Features
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