PRIME RESTAURANT SPACE IN DOWNTOWN …...129 E. 5TH STREET, LOVELAND, COLORADO 80537 AVAILABLE LINCOLN PLACE APT. (200 UNITS) GALLERY FLATS APT. (66 UNITS) LOVELAND MUSEUM/GALLERY

Representative:

Andy [email protected]

Chrisland Real Estate CompaniesPhone: 970-663-3150 www.ChrislandRealEstateCompanies.com

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PRIME RESTAURANT SPACE IN DOWNTOWN LOVELAND129 E. 5TH STREET, LOVELAND, COLORADO 80537

AVAILABLE

LINCOLN PLACE APT.(200 UNITS)

GALLERY FLATS APT.(66 UNITS)

LOVELAND MUSEUM/GALLERY

FOR LEASE - 3,403± SQ. FT.

PATINA FLATS APT. (155 UNITS)MOVIE THEATRE RETAIL & HOTELPUBLIC PLAZA

PARKING LOT(56 SPACES)

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PULLIAM COMMUNITY BLDG

Representative:



RESTAURANT SPACE

FOR LEASERare opportunity for a new restaurant to operate in a historic yet modernized building located in the center of authentic Downtown Loveland.

The building is situated next door to award-winning Verboten Brewing, and just steps from cultural draws including a new 7-screen movie theater, the historic Rialto Theater, Loveland Museum/Gallery, and several art galleries. The new $75 million “Foundry” mixed-use project is nearby, and includes 155 apartments, a 460-stall public parking garage, a 102-key hotel, and a Metrolux movie theater. Additionally, the Pulliam Community building is located just north of the property across an alley, and will soon be revitalized into a vibrant events center.

129 E 5th Street was built in 1901, and underwent a major remodel in 2018. The history of the building is rich, with the first known occupants being the Smith Livery (over 100 horseshoes were discovered during the remodel!). Over the years, the building housed a wide variety of ventures, including a Packard car dealership in the 1940’s.

PROPERTY HIGHLIGHTS• Originally constructed in 1901,

and extensively updated in 2018 (best of both worlds: historic character AND modern functionality)

• Near an abundance of retailers, restaurants, breweries and entertainment in Downtown.

• Roll up doors and potential for outdoor patio seating area.

• Public parking lot directly south of building with 56 parking space.

• Opportunity to expand dining area by installing a café patio on the sidewalk.

129 E. 5TH STREET, LOVELAND, COLORADO 80537

MAJOR RECENT IMPROVEMENTS INCLUDE:• Major Electrical and Plumbing upgrades• Two new roof top HVAC units• Restoration of 2 large skylights• New Fire Suppression/Sprinkler system with flex hose drops• Two large roll-up garage doors opening onto the 5th Street

sidewalk (facing south) • Double-insulated roof• Installation of grease-trap• Newly poured concrete floors• Exposed and restored ceiling joists• Floor drains• Exposed brick walls, inside and outside

AVAILABLE 3,403± Sq. Ft.

LEASE RATE $18.00 - $20.00/SF

NNN’S $2.50 / SF(Insurance and taxes, 2018 est.)

ZONING BE - Established Business(Downtown)

Representative:



ZONING:BE - Established Business (Downtown) For Information from City of Loveland regarding permitted uses for BE Zoning: Click Here

BUILDING INFO & FLOOR PLAN

The information contained herein, while from sources believed reliable, is not guaranteed and is subject to change without notice. Chrisland Real Estate Companies makes no warranties or representations as to the accuracy of this information. This brochure is the exclusive property of Chrisland Commercial Real Estate, Inc. Any duplication without Chrisland Real Estate Companies express written consent is prohibited.

Originally 2 units

Demising wall removed to expand and open the area

Sky lights shown in dashed rectangles

Upper left Mech room has built in grease trap area

Men’s and Women’s restrooms

AVAILABLE FOR LEASE

• 3,403± Sq. Ft. retail space• Built in 1901 and extensively renovated in 2018• Natural lighting from skylights and store front south facing windows• Two (2) glass roll-up garage doors that open to the sidewalk• Fire Suppression allows 130 person seating• Installed underground grease trap (Upper left Mech room )• White box ready• Demising wall removed to expand and open the area• Men’s and Women’s restrooms

http://www.cityofloveland.org/Home/ShowDocument?id=72#Page=51

Representative:



AERIAL OVERVIEW

E 5TH ST

LINCOLN PLACE APT.(200 UNITS)

GALLERY FLATS APT.(66 UNITS)

CHILSON RECREATIONCENTER

LOVELAND PUBLICLIBRARY

BILL REEDMIDDLESCHOOL

TRUSCOTTELEMENTARY

SCHOOL

PATINA FLATS APT. (155 UNITS)MOVIE THEATRE

RETAIL & HOTELPUBLIC PLAZA

460 SPACE PARKING GARAGE

AVAILABLE

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Representative:



1-MILE 3-MILES 5-MILES

2018 Est. Population 9,900 60,166 92,018

2023 Projected Population 10,847 64,656 101,073

Average HH Income $58,356 $74,144 $87,224

Bachelor’s Degree or Higher 29.8% 33.4% 36.8%

Median Age 40.1 41.0 41.5

Daytime Employment 6,876 25,906 39,827

Source: Site To Do Business, August 2018

DEMOGRAPHICS

DEMOGRAPHICS AND ACCOLADES

COMMUNITY ACCOLADESNorthern Colorado is consistently recognized on “top and “best of lists.

• Fort Collins - 5th Top Best Performing Cities: Milken Institute - Jan 2018

• Johnstown #1, Safest Cities in Colorado. National Council for Home Safety and Security, 2017

• Fort Collins-Loveland, ranked #1 for ‘Top 10 Stable, Growing Markets’. Realtor.com. April, 2017

• Fort Collins - 2nd Best Cities for Small Business Owners: ValuePenguin - Feb 2017

• No. 4 Community in Overall Well-Being, 2014-2015: Gallup Healthways - Feb 2016

• Loveland, ranks #1 for ‘The Top 10 Boomtowns of 2015’. www.Smartasset.com. January, 2016 View full article

• Greeley, Fort Collins, Boulder metro areas make ‘Best Performing Cities’ list. Bizwest. December 2015 View full article

• Fort Collins-Loveland ranks #1 City Satisfaction, Gallup-Healthways Well-Being Index. April 2014


NORTHERN COLORADO 2.4% COLORADO 2.7%

US 4.0%

AS OF JUNE, 2018UNEMPLOYMENT RATES:

Source: www.deptofnumbers.com/unemployment/colorado

https://smartasset.com/mortgage/top-10-boomtowns-of-2015

Representative:



LOCATION ENTERTAINMENT DESIRABILITY

Northern Colorado: is home to two major universities, a young and well educated population, and a diverse and well compensated workforce.• Nestled between the Rocky Mountains, Colorado’s high plains and Denver International

Airport.• Northern Colorado communities consistently rank as some of the best locations in the

country for business, lifestyle and craft beer.• Rich with energy and entrepreneurial spirit. • Booming area.

Downtown Loveland: renovation and re-development has been on the rise for more that an decade and has now become a hot spot for after work socializing and eating.• Festivals take place throughout the calendar year are centered at 4th street between

Cleveland and Lincoln streets such as:• The Corn Roast, the largest and oldest of the downtown festivals• The Fire and Ice Festival, Loveland’s Valentines Festival• Summer Concerts• “Loveland Loves BBQ, Bands and Brews” festival (which is held in the parking lot

across the street from the Property)

Loveland has a reputation for being one of the best art towns in America. With a world renowned public art collection, a nationally accredited art and history Museum, and a 1920s historic theater, the arts are an integral part of Loveland’s culture. Greek Festival, Holiday Parades, various 5k runs, and concerts.

DOWNTOWN LOVELAND offers an abundance of art galleries and businesses with plenty of fine and casual dining, live music, craft beer tasting rooms and retail shops to enjoy.

Documents

PRIME RESTAURANT SPACE IN DOWNTOWN …...129 E. 5TH STREET, LOVELAND, COLORADO 80537 AVAILABLE LINCOLN PLACE APT. (200 UNITS) GALLERY FLATS APT. (66 UNITS) LOVELAND MUSEUM/GALLERY