1221 S Main Street
Longmont, CO 80501
1072 sqft | 0.52 acres | #IR1031240
Description
Introducing an exceptional investment opportunity at 1221 S Main St, Longmont, CO 80501. This Founder Operated Ziggi's Coffee location offers a prime spot on the bustling South Main Street, with high daily traffic of over 27,000 vehicles. Boasting a 15-year Absolute NNN lease, this property ensures a hassle-free investment with a reliable tenant. With a purchase price of $2,200,000 and a solid NOI of $132,000, this property yields a competitive 6% CAP rate. Ziggi's Coffee, founded in Longmont in 2004, operates 103 locations across 21 states, showcasing a successful track record. The property, built in 2010, comprises 332 SF of retail space and a 740 SF storage area on a .52-acre lot. The Longmont market's steady growth, paired with the brand's loyal following and innovative products like Dirty Sodas, promises continued success for this location. Don't miss out on this rare chance to own a piece of this thriving coffee business in an ideal Colorado setting.
Property Details
- Utility FeaturesElectricity Available
- Property SubtypeResidential
- Original List Price$2,200,000
- MLS #IR1031240
- MLS #IR1031240
- Property TypePurchase
- CountyBoulder
- Cost2200000
- Utility SourcePublic
- SubdivisionKinsig
- School DistrictOther
- Elementary SchoolOther
- Middle SchoolOther
- High SchoolOther
- Acres0.52
- Square Feet1072
- Year Built2010
Location
Legal
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Listing Courtesy
Listing Agent: Annah Moore (#RECIRP15315)
Listing Office: CBRE Inc (#RECIRCCBRE)
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