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1505 N Lincoln Ave 4,032 SF 100% Leased Retail Building Loveland, CO 80538 $2,073,750 CAD ($514.32 CAD/SF) 5.45% Cap Rate

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EXECUTIVE SUMMARY

Location, location, location!!! Great commercial space in an absolute ideal location. Any retailer or office looking for a commercial space wants a highly visible property in a high traffic area. This property fits the bill! Located just one block north of Eisenhower Blvd off of North Lincoln Ave this intersection has one of the best traffic counts in Northern Colorado, which has helped the Dairy Queen located at the intersection of Eisenhower Blvd and Lincoln Ave become the top selling DQ in the US. The property is divided into 4 separate units, which are all currently leased (plus bonus storage space in the unfinished basement). Continue business as usual or get creative to make this property fit your needs. Front portion of this property was remodeled in 2021 and half of the back portion was remodeled in Nov of 2023. An EV charging station was added in 2023 which adds additional income to this property. New roof was installed in 2019. Ideal location, unmatched visibility, easy access off busy N Lincoln Ave just one block north of Eisenhower Blvd, great parking, building has been beautifully maintained, EV charger included for additional profit/use, Safe to say, you have just found your new commercial space!

1505 N Lincoln Ave Flyer

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Office

Building Size

4,032 SF

Building Class

Year Built/Renovated

1968/2023

Price

$2,073,750 CAD

Price Per SF

$514.32 CAD

Cap Rate

5.45%

NOI

$113,019 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.23

Lot Size

0.40 AC

Zoning

B Developing Business

Parking

25 Spaces (4.85 Spaces per 1,000 SF Leased)

Frontage

140’ on 15th St

24 Hour Access
Corner Lot
Signage

Drive Thru
Storage Space

Car Charging Station
Monument Signage

Air Conditioning
Smoke Detector

MAJOR TENANTS

Aspen Motors
Retailer
-
-
-

Finance and Insurance
-
-
-

COUNTRY Financial is a privately held insurance and financial services company founded in 1925. Headquartered in Bloomington, Illinois, the company originated from a group of Illinois Agricultural Association members who aimed to provide fire and lightning insurance to farmers. Over the decades, COUNTRY Financial expanded its offerings to include auto, home, life, farm, and commercial insurance, as well as retirement planning and investment management. The company operates in 19 states and serves over one million households and businesses. COUNTRY Financial is not publicly traded and remains privately held.

Loveland Travel King
Services
-
-
-

Med Pool Professionals Inc
Public Administration
-
-
-

Quality Alterations
Services
-
-
-

Say Companies, Inc.
Real Estate
-
-
-

Wood Street Builders
Construction
-
-
-

TENANT	INDUSTRY	SF OCCUPIED	RENT/SF	LEASE END
Aspen Motors	Retailer	-	-	-
	Finance and Insurance	-	-	-
Loveland Travel King	Services	-	-	-
Med Pool Professionals Inc	Public Administration	-	-	-
Quality Alterations	Services	-	-	-
Say Companies, Inc.	Real Estate	-	-	-
Wood Street Builders	Construction	-	-	-

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
POSITION
AVAILABLE

2B
1,008 SF
Retail
-
30 Days

Suite 2B fronts Highway 287 and offers abundant light and parking immediately in front of the entrance. Modern tenant finishes make this suite, sweet! Concrete flooring, wood paneling highlights and lovely windows showcase a retailer or service provider in the best of light.