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18951 E Mainstreet 14,770 SF 100% Leased Retail Building Parker, CO 80134 $5,226,520 CAD ($353.86 CAD/SF) 6.16% Cap Rate
Investment Highlights
- Parker's retail submarket maintains an exceptionally tight 1.20% vacancy rate, significantly outperforming the 4.80% Southeast Metro average.
- Positioned at the gateway to downtown Parker, the asset benefits from combined traffic counts exceeding 80,000 VPD.
- The property is 100% occupied with a 5.88-year WALT, offering a durable income stream. At a 6.16% cap rate and $260.77 PSF
- Over $500M in active development within a one-mile radius ensures continued appreciation and sustained rental growth.
- Its location captures "going-home" traffic from the Denver Tech Center and sits adjacent to a Walmart-anchored power center.
- A parking ratio of 5.56/1,000 SF exceeds standard retail code, supporting high-volume entertainment and dining tenants.
Executive Summary
Bang Realty is pleased to present the opportunity to acquire 18951 E Mainstreet in Parker, CO, a fully stabilized multi-tenant retail investment. Featuring a 14,572-square-foot building on a 1.00-acre parcel, the property is strategically positioned at the 'Main and Main' intersection of the submarket. The asset benefits from high visibility with over 80,000 combined daily vehicles and excellent accessibility, ensuring long-term appeal to a mix of dining and service-oriented tenants in an affluent Denver submarket.
The property is 100% occupied by a diverse tenant mix, including dining, entertainment, and professional services. With a weighted average lease term (WALT) of 5.88 years, the investment offers a durable income stream yielding a Net Operating Income of $234,127. The asset is offered at a suggested valuation of $3,800,000, reflecting a 6.16% capitalization rate. Supported by strong local demographics with median household incomes exceeding $129,000, this opportunity provides a stable investment in a rapidly densifying corridor.
The property is 100% occupied by a diverse tenant mix, including dining, entertainment, and professional services. With a weighted average lease term (WALT) of 5.88 years, the investment offers a durable income stream yielding a Net Operating Income of $234,127. The asset is offered at a suggested valuation of $3,800,000, reflecting a 6.16% capitalization rate. Supported by strong local demographics with median household incomes exceeding $129,000, this opportunity provides a stable investment in a rapidly densifying corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,770 SF
Building Class
B
Year Built
2002
Price
$5,226,520 CAD
Price Per SF
$353.86 CAD
Cap Rate
6.16%
NOI
$322,018 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
1.39 AC
Zoning
GD, Parker - Greater Downtown District
Parking
81 Spaces (5.5 Spaces per 1,000 SF Leased)
Frontage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Desi Mandi LLC
- Retailer
- -
- -
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Desi Mandi LLC | Retailer | - | - | Jan 0000 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2233-222-05-076 | Improvements Assessment | $840,045 CAD |
| Land Assessment | $290,650 CAD | Total Assessment | $1,130,696 CAD |
Property Taxes
Parcel Number
2233-222-05-076
Land Assessment
$290,650 CAD
Improvements Assessment
$840,045 CAD
Total Assessment
$1,130,696 CAD
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18951 E Mainstreet
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