Verizon Wireless
6904 W 10th St
Greeley, CO 80634
Highlights
- Additional Income from Mineral Rights
- 6% Rent Increase at the beginning of Year 6.
- Corporate Guarantee by Wireless Communications, Inc (dba Cellular Plus)
- 60+ Locations in 5 States
- Extra land to potentially develop
Description
Unique Properties, Inc is pleased to present to qualified investors the opportunity to purchase a Verizon Wireless store in Greeley, Colorado. The lease commenced September 1st, 2020 and was a 10 year initial term. The lease is guaranteed by Wireless Communications Inc dba Cellular Plus. Cellular Plus has 60 locations throughout 5 states in the county. This is a value-add opportunity with the additional land to develop on. Currently, only half of the property is being utilized. With the addition of another building, an investor could significantly increase the NOI of the property and capitalize on their investment when they sell the Property. This is a fantastic opportunity to own a partially developed pad site in one of the most desirable shopping centers in town.
Strategically located along Business US 34 (W. 10th Street) visible to more than 29,000+ VPD. Three-mile demographics: avg. household income of $107,184, a population of 44,843 individuals, and 15,649 employees.
