facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Colorado

/

Retail

/

Sale

/

10th Street Road

Marcus & Millichap Orchestrates $2.2M Sale Of Ent Credit Union-Occupied Property In Greeley, CO
SOLDRetail

Marcus & Millichap Orchestrates $2.2M Sale Of Ent Credit Union-Occupied Property In Greeley, CO

10th Street Road

$2,200,000

Building Size

Asset Type

Retail

Closing

Jan 26, 2024

AI

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

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

Ian Hicks

Marcus & Millichap

Broker

$7.2M

vol

3 deals

Broker

Greeley Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.21%

Cash-on-Cash

-2.06%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93