400 Main Street #1
Longmont, CO 80501
1678 sqft | 0.07 acres | #IR1031728
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 FeaturesElectricity Available, Natural Gas Available
- Subdivision400 Main Street Condo
- Property SubtypeResidential
- Original List Price$2,200,000
- MLS #IR1031728
- MLS #IR1031728
- Property TypePurchase
- CountyBoulder
- Cost2200000
- Utility SourcePublic
- School DistrictOther
- Elementary SchoolOther
- Middle SchoolOther
- High SchoolOther
- Acres0.07
- Square Feet1678
- Year Built1910
- Hoa1
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Annah Moore (#RECIRP15315)
Listing Office: CBRE Inc (#RECIRCCBRE)
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