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$360,000 - 1606 S Lemay Avenue 101, Fort Collins

-
Bedrooms
-
Baths
N/A
SQ. Feet
0.04
Acres

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
  • Bathrooms:
    0.00
  • Acres:
    0.04
  • Year Built:
    1984
  • Type:
    Commercial
  • Status:
    Sold
  • Sub-Status:
    None

Community Information

  • Address:
    1606 S Lemay Avenue 101
  • Area:
    Fort Collins
  • Subdivision:
    Covalt Park Central Condominimums
  • City:
    Fort Collins
  • County:
    Larimer
  • State:
    CO
  • Zip Code:
    80525

Interior

  • Heating:
    Forced Air
  • Cooling:
    Refrigeration/HVAC

Exterior

  • Construction:
    Block

School Information

  • District:
    Poudre
  • Elementary:
    Beattie
  • Middle:
    Boltz
  • High:
    Ft Collins

Additional Information

  • Days on Market:
    267
  • Zoning:
    Commercial

Listing Details

  • Listing Office:
    Re/max Alliance-ftc Dwtn

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS

Listing information last updated on December 5th, 2016 at 3:49am MST.