116 Peridot AveLoveland, CO 80537

Property Details for 116 Peridot Ave

Year built

2019

Property size (Sq ft)

330 SF

Property type

Investment properties

Property subtype

Other retail properties

Description

This exceptional 330 sq ft drive-thru coffee shop in Loveland, CO, presents a lucrative investment opportunity. Located at 116 Peridot Ave, this Class A, single-tenant property boasts a 12.96% cap rate and a pro-forma cap rate of 16.21%. Built in 2019 and fully renovated the same year, the property sits on a 10,442 sq ft lot and enjoys 100% occupancy. The current NOI is $69,833, with a pro-forma NOI of $87,353. Its prime location near the Larimer County Vehicle Licensing building and New Vision Charter School ensures high visibility and consistent traffic. The property is fully equipped with essential kitchen appliances, making it ideal for a variety of food and beverage businesses. The asking price is $539,000 ($1,633.33/sq ft), with a land value of $65.70/sq ft. Its proximity to downtown Loveland, schools, medical facilities, and numerous other businesses further enhances its appeal. Approved zoning permits allow for flexibility in future uses. This turnkey operation offers a strong return on investment and significant growth potential in a thriving community. Don't miss this chance to acquire a highly desirable commercial property in a prime Loveland location.

Location Insight

City

Loveland

County

Larimer

State

Colorado

Latitude

40.3936

Longitude

-105.047

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].