Daily limit: 0/10
Marcus & Millichap Orchestrates $2.2M Sale Of Ent Credit Union-Occupied Property In Greeley, CO
SOLD
$2,200,000
Colorado
See Similar DealsRetail
Sold 01/26/2024
SOLD
Marcus & Millichap Orchestrates $2.2M Sale Of Ent Credit Union-Occupied Property In Greeley, CO
10th Street Road
See Similar DealsRetail
Sold 01/26/2024
Summary
COLORADO
Asset Type:Retail
Transaction Type:Sale
A 15-year absolute triple-net ground lease for an Ent Credit Union-occupied property in Greeley, southeast of Fort Collins, has been sold for $2,200,000. The property, located on 10th Street Road, is a retail asset in Greeley, CO.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $2,200,000
- Address: 10th Street Road, Greeley, CO
- Market: Greeley, CO
- Brokers: Drew Isaac & Ian Hicks - Marcus & Millichap
Marcus & Millichap facilitated the sale of the property, acting as brokers for the transaction. Drew Isaac and Ian Hicks represented the parties involved in the deal, ensuring a successful transaction for all parties.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$117,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$7,816.15
Cash-on-Cash Return-1.27%
Monthly Debt Service$10,429.12
Annual Debt Service$125,149.47
Is there something missing? Send suggestions