$2,200,000
For Sale

1011 Mountain Avenue

Berthoud, CO 80513
624 sqft | 1.19 acres | #IR1031736
Listing OfficeCBRE Inc
Browse 10 photos
Type:Purchase
Structure:House
Zone:Residential

Description

Founder Operated Ziggi's Coffee. Excellent location, ideal for 1031. Absolute NNN 15-year Lease to be signed at closing providing a 6% cap rate. Available individually or as a portfolio sale. This offering represents a rare opportunity to acquire a fee simple interest in a long-term absolute net investment for a Ziggi's Coffee operated by Ziggi's founders and CEO. The location is strategically located on Mountain Ave, the main artery for Berthoud traffic flow with traffic counts in excess of 10,000 vehicles per day. This Ziggi's location has been in operation since 2019. Founded in Longmont, Colorado in 2004, Ziggi's has 103 locations open in 21 states with over 160 franchisees.

  • Property Details
      • Utility FeaturesElectricity Available, Natural Gas Available
      • SubdivisionBerthoud Common Comm Center
      • School DistrictThompson R2-J
      • Elementary SchoolIvy Stockwell
      • Property SubtypeResidential
      • Original List Price$2,200,000
      • MLS #IR1031736
      • MLS #IR1031736
      • Property TypePurchase
      • High SchoolBerthoud
      • CountyLarimer
      • Cost2200000
      • Utility SourcePublic
      • Middle SchoolOther
      • Acres1.19
      • Year Built2019
      • Square Feet624

Location

Darlene Partin | Resident RealtyReal Estate Group
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