Available

Available

3390 23rd Avenue

Evans, CO 80620

Price

$1,350,000

Cap Rate: %

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Owner-user restaurant or redevelopment opportunity in a high-growth submarket of Greeley

Blue West Capital is pleased to present an exclusive offering for the sale of a vacant restaurant property located in Evans, Colorado (Greeley MSA). This 6,062-square-foot building is strategically positioned at the signalized intersection of 23rd Avenue and 34th Street, offering exceptional visibility and accessibility.

This property offers a flexible opportunity for an owner-user, investor, or developer. A buyer could open a new restaurant in the existing turnkey space, lease it to a tenant, or pursue redevelopment. Situated on a sizable 1.04-acre parcel, the site can accommodate a wide range of retail concepts. Favorable C-2 zoning further enhances redevelopment potential by allowing for nearly all retail uses.

Located in a fast-growing submarket with solid real estate fundamentals, the area is projected to see annual population growth of 3.5% over the next five years—well above the national average of 0.98%. The property sits directly across from Sam’s Club and Walmart, which rank #1 in foot traffic among their respective banners within a 30-mile radius (Source: Placer.ai). The surrounding trade area includes 93,923 residents and an average household income of $76,326 within a three-mile radius.

Investment Highlights

  • Well-maintained interior and exterior with minimal capital requirements
  • Projected 3.5% annual population growth—over 3x the national average
  • 1.04-acre parcel suited for a wide range of retail or restaurant concepts
  • C-2 zoning allows for diverse retail and service uses
  • Large lot with 88 parking spaces

Location Highlights

  • Adjacent to a top-ranked Walmart and Sam’s Club in the 30-mile trade area (Placer.ai)
  • Positioned at the intersection of 23rd Avenue and 34th Street featuring excellent visibility and access from both streets
  • 93,923 residents and an average annual household income of $76K within three miles
  • Additional daytime population of 32,947 people and over 3.6K businesses within three miles
  • Other nearby retailers include McDonald’s, Starbucks, The Home Depot, Office Depot, Tractor Supply Co, Subway, and more

We are ready to assist you.

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Contact Information

650 S Cherry St | Suite 920
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031