Introducing an exceptional investment opportunity at 1221 S Main St, Longmont, CO 80501. This Founder Operated Ziggi's Coffee location offers a prime spot on the bustling South Main Street, with high daily traffic of over 27,000 vehicles. Boasting a 15-year Absolute NNN lease, this property ensures a hassle-free investment with a reliable tenant. With a purchase price of $2,200,000 and a solid NOI of $132,000, this property yields a competitive 6% CAP rate. Ziggi's Coffee, founded in Longmont in 2004, operates 103 locations across 21 states, showcasing a successful track record. The property, built in 2010, comprises 332 SF of retail space and a 740 SF storage area on a .52-acre lot. The Longmont market's steady growth, paired with the brand's loyal following and innovative products like Dirty Sodas, promises continued success for this location. Don't miss out on this rare chance to own a piece of this thriving coffee business in an ideal Colorado setting.
Presented By: Ccb Real Estate Llc; 9703723007
Interior Features for 1221 S Main St
Other Interior Features
LivingAreaSourceAssessor
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 1221 S Main St
Architectural StyleRanch
Attached Garage No
Cap Rate6
CityLongmont
Construction MaterialsWood/Frame, Metal Siding
CoolingCentral Air
CountyBoulder
ElectricElectric
Elementary SchoolOther, Other
Garage Y/NNo
Gross Income132000
HOANo
HeatingForced Air
High SchoolOther
High School DistrictOTHER
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet22760
Lot Size UnitsSquare Feet
MLS AreaLongmont
Middle/Junior High SchoolOther
Net Operating Income132000
New ConstructionNo
Operating Expense0
Possible UseCommercial or Industrial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofOther
Senior Community Y/NNo
Standard StatusActive
StatusActive
Stories1
Subdivision NameKinsig
Tax Year2024
Tenant PaysGas, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Common Area Maintenance, Exterior Maintenance, Trash Collection, HVAC Maintenance
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