Total SF 12,150
LC Real Estate Group is pleased to offer for sale this rare owner-user retail investment opportunity in
the heart of Loveland, Colorado. This recently updated well-maintained, 12,060 square foot multi-tenant
property spans 1.05 acres across three contiguous parcels and is offered at $2,100,000 ($174/SF). Located
along one of Loveland’s highest-traffic corridors, this asset combines stable in-place income with significant
long-term upside potential for both investors and owner-users with the availability of 2,904 - 8,184 RSF
of retail space fronting Lincoln Avenue and between Cleveland Avenue with combined 24,500 VPD traffic
counts.
Property Highlights
- Total Building Size: 12,060 SF across three suites
- Low historic NNN expenses, currently at $7.30/RSF
- 5,280 RSF end-cap unit available at $14.00/sf NNN
- 2,904 RSF in-line space available at $15.00/sf NNN
- Lot Size: 1.05 Acres (3 parcels), with abundant parking on the north and south sides
- Construction: Stucco and stone storefront with large windows and overhead doors on the north side, ideal
for showroom retailers
- Originally built in 1945 and fully remodeled in 2019
Zoning: B - Developing Business (DDA district)
This property is located in the Enterprise Zone and is eligible for business tax credits and incentives - see link https://oedit.colorado.gov/enterprise-zone-program
Current Tenancy
• 5,280 SF - former tenant/owner - vacant
• Elevation Education (2,904 SF) - $13.26/sf NNN - MTM Lease
• The Loopy Ewe (3,249 SF) - $15.91/sf NNN - Lease through March 31, 2029; with one 3-year renewal
option with 3% annual increases
Total Annual Current Income $129,756
Price: $2,100,000.00 Total Price
Per SF Price: $174.00
Sq.Ft: 12,150
Available Sq.Ft: 12,150
Sq.Ft: 12,150
Available Sq.Ft: 12,150
Rate: $14.00 - $15.00 Per SF
Expenses: NNN
Expense Amount: $6.90
Broker #1
Name Rico Devlin
Email rico@lcrealestategroup.com
Phone (970) 667-7000 x109
Broker #2
Name Nathan Klein
Email nathan@lcrealestategroup.com
Phone (970) 667-7000 x102
N. Lincoln (Hwy 287) @ US Hwy 34
16,000 VPD
N. Lincoln (Hwy 287) north of property
18,481 VPD