Total SF 20,252
Investment Highlights
- Unique opportunity for an owner-user or investor to purchase a building with in-place income to reduce occupancy costs
or upside potential to lease vacant units.
- Attractively priced: Offered at $118.50/SF, below replacement cost for comparable assets in the market.
- Four vacant units available of lease-up potential for investors and/or owner-users seeking additional cash flow.
- Significant NOI upside: Built-in contractual rent escalations combined with aggressive lease-up potential for maximum
return on investment.
- Potential to condominiumize building for future disposition flexibility.
Location & Geography
- Located in Downtown Greeley adjacent University of Northern Colorado with visibility from 8th Ave.
- Close proximity to UNC Campus, to student housing, restaurants, retail, grocery and other amenities.
- Major Commuter Corridor: Positioned along a key arterial thoroughfare, serving growing student and residential pockets
and high-volume commuter traffic heading toward Downtown or Highways 34 and 85.
- The immediate trade area features a revitalized Downtown with a wide mix of retailers, and quick-service restaurants,
enhancing day-to-day convenience for owner-users, tenants, and students alike.
Property Highlights
- Total Building Size: 20,252 SF.
- Low operating costs, currently at $7.73/SF.
- 2,031 - 3,383 RSF west-side units available.
- Opportunity for a retail/office or showroom user looking to occupy with room to expand.
- Flexible divisibility options for smaller or larger end users based on needs.
- Abundant parking with two lots on the west side of the building.
- Layouts and configurations well-suited for bar/speakeasy, boutiques, showrooms, fitness, entertainment, design/
marketing, engineering, other retail and professional office users.
Current Tenancy
- Chipotle (Suite A) - Lease through March 31, 2027 with extensions.
- Roots and Tea Leave Kava Bar (Suite B) - Lease through May 31, 2031.
- Top Notch Dance Studio (Suite E) - Lease through July 31, 2031.
- Obsidian, LLC (Suite G) - Lease through February 28, 2031
Price: $2,490,000.00 Total Price
Per SF Price: $118.00
Sq.Ft: 20,252
Available Sq.Ft: 12,271
Sq.Ft: 20,252
Available Sq.Ft: 12,271
Rate: $4.95 - $12.00 Per SF
Expenses: NNN
Expense Amount: $7.73
| 1 Mile | 3 Mile | 5 Mile | |
| 2025 Population | 17,238 | 85,225 | 129,455 |
| Avg HH Income | $67,977 | $77,024 | $89,767 |
| Households | 6,018 | 30,009 | 46,044 |
| Businesses | 869 | 2,884 | 4,021 |
| Employees | 14,701 | 39,732 | 53,262 |
Broker #1
Name Imran Bhimani
Email imran@lcrealestategroup.com
Phone (970) 518-7704
Broker #2
Name Nathan Klein
Email nathan@lcrealestategroup.com
Phone (970) 667-7000 x102
8th Avenue/US Bus. 34 @ 17th St.
17,000 VPD
17th Street @ Property
2,037 VPD