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 Main Street, the main artery for Longmont traffic flow. This property, on arguably the best corner in downtown Longmont seeing 26,000 vehicles per day, is The Original Ziggi's Location. Founded at this corner in 2004, Ziggi's has expanded to 103 locations open in 21 states with over 160 franchisees.
Property Details
- Utility FeaturesNatural Gas Available, Electricity Available
- Subdivision400 Main Street Condo
- Utility SourceCity Water, Longmont
- Property SubtypeIncome Property
- Property TypeMulti-Family
- Elementary SchoolOther, Other
- CountyBoulder
- MLS #1031728
- Cost2200000
- MLS #1031728
- Middle SchoolOther
- High SchoolOther
- Acres0.07
- Year Built1910
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Annah Moore (#P15315), Phone: (970) 372-3007
Listing Office: CBRE Inc (#CCBRE)
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