1606 S Lemay Ave 101, Fort Collins

$360,000

0 Beds
0 Baths
0 Sqft
.04 Acres
0 Garages

Unit 101 has been occupied by Obee's Sandwiches for 14 years. Current lease runs through 2018 with options through 2024. This is a solid investment property with stable income at a 6.6% Cap Rate. Covalt Park Central retail center is at one of the busiest intersections in Fort Collins at Prospect and Lemay. An investor can take advantage of the solid tenant mix the center has to offer. Neighboring tenants include Edward Jones, East Moon Asian Bistro, 7-11 Convenience, and Allstate.

Essential Information
MLS® #783570
Price$360,000
Bathrooms0.00
Acres0.04
Year Built1984
TypeCommercial Sale
StatusSold
Community Information
Address1606 S Lemay Ave 101
AreaFort Collins
CityFort Collins
CountyLarimer
StateCO
Zip Code80525
Subdivision

Covalt Park Central Condominimums

Interior
HeatingForced Air
CoolingRefrigeration/HVAC
Exterior
ConstructionBlock
School Information
DistrictPoudre
ElementaryBeattie
MiddleBoltz
HighFt Collins
Additional Information
Days on Market267
ZoningCommercial
Listing Details
OfficeRE/MAX Alliance-FTC Dwtn
Property History
Status Changed from Active to Sold
Price Reduced from $590,000 to $360,000

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Information deemed reliable but not guaranteed by the MLS.

Listing information last updated on April 22nd, 2018 at 1:19am MDT.

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