Aug 18, 2021

Blue West Capital Arranges Sale of Walgreens in Loveland, Colorado

LOVELAND, CO – [August 18, 2021] – Blue West Capital has completed the sale of a single tenant net leased Walgreens property located at 205 E Eisenhower Boulevard in Loveland, Colorado for $7,610,097. The property sold for 100% of the asking price and there weren’t any concessions given to the buyer. 

Carly Kelly and Zach Wright of Blue West Capital represented the seller in the Walgreens transaction. The seller was a repeat institutional client based out of Chicago. The purchaser was a California-based 1031 exchange investor. 

“Investors continue to seek properties leased to essential and credit retailers with long-term leases. Within the STNL sector, drugstore properties have experienced historical cap rate compression due to increased investor demand for these types of assets given their low-risk and essential profile,” said Carly Kelly, Director. 

Close

Enter Your Information To Request The Offering Memorandum

Industry Role
Close

We are ready to assist you.

Please fill out the form and we will be in touch shortly.

Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031