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2033 N Boise Avenue

Loveland, CO 80538
  • $1,900,000
  • STATUS: Active
  • ON SITE: 43 Days
  • ID#: 6588816
UPDATED: 18 min ago
$1,900,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,185
    SQFT
  • $307
    $/SQFT
Type:
Commercial
Built:
1984
County:
Area:

School Ratings & Info

REcolorado logo Offered by Lc Real Estate Group, Llc.

Description

Good Day Pharmacy is a long term tenant of more than 34 years at property, with recently signed new 10 year term. Strong corporate guarantee from Good Day Pharmacy, a large privately owned regional pharmacy established in 1986 with 9 locations across NoCo and more than $37M in sales in 2021. Good Day Pharmacy annual rent of $58,108 ($22.35/SF NNN) years 1 through 5 with 2.0% annual increases years 6 through 10. Good Day Pharmacy has 2 five year options. Loveland Youth Clinic a long term tenant of more than 19 years at property provides pediatric healthcare services and has been in business since 1975. Loveland Youth Clinic annual rent of $53,085 ($14.81/SF NNN) on an informal month to month lease since 2013 with historical 4.0% annual increases. Owner missed billing Loveland Youth Clinic a prior rent increase and has a 14 month repayment agreement from May 2022 through July 2023 for $17,481 or $1,248 per month. Leases are NNN lease structure with limited landlord responsibilities for capital repair & replacement of roof, structure, parking lot, and HVAC and tenant responsible for ongoing repairs & maintenance.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Armour Team Real Estate Inc. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.sellyourhomefastcolorado.com/homes/129051978
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2033 N Boise Avenue Loveland, CO 80538

  • Price: $1,900,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 18 min ago
  • ID#: 6588816
0
Beds
0
Baths
0
½ Baths
0.46
Acres
6,185
SQFT
$307
$/SQFT
1984
Built
County:
Larimer
Area:
Loveland
Property Description
Good Day Pharmacy is a long term tenant of more than 34 years at property, with recently signed new 10 year term. Strong corporate guarantee from Good Day Pharmacy, a large privately owned regional pharmacy established in 1986 with 9 locations across NoCo and more than $37M in sales in 2021. Good Day Pharmacy annual rent of $58,108 ($22.35/SF NNN) years 1 through 5 with 2.0% annual increases years 6 through 10. Good Day Pharmacy has 2 five year options. Loveland Youth Clinic a long term tenant of more than 19 years at property provides pediatric healthcare services and has been in business since 1975. Loveland Youth Clinic annual rent of $53,085 ($14.81/SF NNN) on an informal month to month lease since 2013 with historical 4.0% annual increases. Owner missed billing Loveland Youth Clinic a prior rent increase and has a 14 month repayment agreement from May 2022 through July 2023 for $17,481 or $1,248 per month. Leases are NNN lease structure with limited landlord responsibilities for capital repair & replacement of roof, structure, parking lot, and HVAC and tenant responsible for ongoing repairs & maintenance.
Exterior Features

Architectural Style TraditionalDetached Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Garage YN No Lot Features Corner Lot Lot Size Area 0.46 Lot Size Square Feet 20037.6 Parking Total 0 Road Frontage Type Public Road Road Surface Type Paved Roof ArchitecturalShingle

Property Features

Construction Materials BrickWood SidingWood Frame Listing Terms CashConventional Possession Closing Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 22584 Tax Year 2022 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedHigh Speed Internet AvailablePhone AvailablePhone ConnectedSewer Connected Water Source Public Zoning R3

REcolorado logo Listing courtesy of Lc Real Estate Group, Llc:970-667-7000. MLS #6588816


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Armour Team Real Estate Inc. are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Lc Real Estate Group, Llc.