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5601-5753 McWhinney Blvd - Bldg A 24,514 SF Retail Condo Unit Offered at $7,477,460 CAD in Loveland, CO 80538
Investment Highlights
- Offered below current replacement cost, providing immediate value and cost protection.
- Recently renovated in 2024, delivering a modern, high-quality fitness facility.
- Positioned within a major retail hub near The Promenade Shops at Centerra and Johnstown Plaza.
- Long-term NNN lease with Gold’s Gym, reducing landlord obligations and ensuring stable income.
- Located in Loveland Yards with excellent visibility and direct access to I-25 and Highway 34.
- Low operating expenses with no metro district and annual costs of only $4.90 per SF.
Executive Summary
The property at 5709-5725 McWhinney Blvd in Loveland, Colorado, is a single-tenant retail building occupied by Gold’s Gym. It is part of Loveland Yards, a retail center with direct access to Interstate 25 and Highway 34. The building was originally constructed in 1994 and underwent a full renovation in 2024. The surrounding area includes major retail destinations such as The Promenade Shops at Centerra and Johnstown Plaza. The property is located in a commercial corridor with regional connectivity and proximity to shopping, dining, and recreational amenities.
1 Unit Available
Unit 5709-5725
| Unit Size | 24,514 SF | Sale Type | Investment |
| Price | $7,477,460 CAD | Cap Rate | 7.01% |
| Price Per SF | $305.03 CAD | NOI | $524,072.95 CAD |
| Condo Use | Retail |
| Unit Size | 24,514 SF |
| Price | $7,477,460 CAD |
| Price Per SF | $305.03 CAD |
| Condo Use | Retail |
| Sale Type | Investment |
| Cap Rate | 7.01% |
| NOI | $524,072.95 CAD |
Sale Notes
Schuman Companies is pleased to offer the opportunity to purchase the Golds Gym at The Loveland Yards.
5709- 5725 McWhinney has been fully renovated and totals 24,514 sf.
There is 9 years left on the initial term of the lease, current rental rate is $15.61NNN, equals $382535.
Solid investment that can be acquired for below replacement costs at only $222/ sf.
Call Alex for further details- 970-219-1493
Property Facts
| Total Building Size | 143,296 SF | Typical Floor Size | 143,296 SF |
| Property Type | Retail (Condo) | Year Built | 1994 |
| Building Class | A | Lot Size | 14.12 AC |
| Floors | 1 | Parking Ratio | 5.07/1,000 SF |
| Zoning | B - Allows for light industrial, office, and retail | ||
| Total Building Size | 143,296 SF |
| Property Type | Retail (Condo) |
| Building Class | A |
| Floors | 1 |
| Typical Floor Size | 143,296 SF |
| Year Built | 1994 |
| Lot Size | 14.12 AC |
| Parking Ratio | 5.07/1,000 SF |
| Zoning | B - Allows for light industrial, office, and retail |
Amenities
- Banking
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Kiosk/Cart Space
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Presented by
5601-5753 McWhinney Blvd - Bldg A
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