Berthoud, CO 80513 1011 Mountain Ave
$2,200,000
5 more
Presented By: Ccb Real Estate Llc; 9703723007
SQFT • 624
Home Details
Founder Operated Ziggi's Coffee. Excellent location, ideal for 1031. Absolute NNN 15-year Lease to be signed at closing providing a 6% cap rate. Available individually or as a portfolio sale. This offering represents a rare opportunity to acquire a fee simple interest in a long-term absolute net investment for a Ziggi's Coffee operated by Ziggi's founders and CEO. The location is strategically located on Mountain Ave, the main artery for Berthoud traffic flow with traffic counts in excess of 10,000 vehicles per day. This Ziggi's location has been in operation since 2019. Founded in Longmont, Colorado in 2004, Ziggi's has 103 locations open in 21 states with over 160 franchisees.
Presented By: Ccb Real Estate Llc; 9703723007
Interior Features for 1011 Mountain Ave
Other Interior Features
LivingAreaSourceOther
Air Conditioning Y/NYes
BasementNone
Fireplace Y/NNo
Heating Y/NYes
General for 1011 Mountain Ave
Architectural StyleRanch
Attached Garage No
Cap Rate6
CityBerthoud
Construction MaterialsStucco
CoolingCentral Air
CountyLarimer
ElectricElectric
Elementary SchoolIvy Stockwell
Garage Y/NNo
Gas Y/NNatural Gas
Gross Income132000
HOANo
HeatingForced Air
High SchoolBerthoud
High School DistrictThompson R2-J
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet51883
Lot Size UnitsSquare Feet
MLS AreaLoveland/Berthoud
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 NameBerthoud Common Comm Center
Tax Year2024
Tenant PaysGas, Electricity, Water, Sewer, Taxes, Insurance, Interior Maintenance, Common Area Maintenance, Exterior Maintenance, Structural Maintenance, Association Fees, Trash Collection
UtilitiesNatural Gas Available, Electricity Available
Year Built2019
ZoningCommercial
Exterior for 1011 Mountain Ave
Gulf-FrontNo
Horse Y/NNo
Lot Size Acres1.19
Lot Size Area51883
SpaNo
Water SourceDistrict Water, Municipal
Additional Details
Price History
Schools
Elementary School
Ivy Stockwell Elementary School
Middle School
N/A
High School
Berthoud High School
