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1641 23rd Ave
Greeley, CO 80634
Walgreens · Retail Property For Sale
Investment Highlights
- Long-Term Lease: Approximately 11.6 years remaining on the original 25-year term, providing stable, long-duration income.
- Prime Parcel: Situated on a ±2.25-acre lot with ample parking, drive-thru pharmacy access, and excellent visibility.
- Minimal Competition: No competing pharmacies within a one-mile radius enhances tenant performance potential.
- Absolute NNN Lease: Zero landlord responsibilities, offering a passive investment structure.
- Strategic Location: Positioned just off 16th Street, a major east-west arterial in a dense residential corridor.
Executive Summary
Brayden Conner
License No. EC.100099522 (CO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
License No. EC.100099522 (CO)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,440 SF
Building Class
B
Year Built
2006
Price
$5,478,630 CAD
Price Per SF
$379.41 CAD
Cap Rate
10%
NOI
$547,863 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.25 AC
Zoning
C - Commercial Business
Parking
50 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
193’ on 23rd Ave
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | R3919605 | Improvements Assessment | $884,445 CAD |
| Land Assessment | $207,966 CAD | Total Assessment | $1,092,411 CAD |
Property Taxes
Parcel Number
R3919605
Land Assessment
$207,966 CAD
Improvements Assessment
$884,445 CAD
Total Assessment
$1,092,411 CAD
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