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2299 W Alameda Ave
Denver, CO 80223
Retail Property For Sale
EXECUTIVE SUMMARY
With an original lease date from 7Eleven being in 1986, this site offers a great opportunity to benefit from a true triple net lease structure in Denver Colorado. The location offers a wonderful position for this tenant, and the track record for the site offers stable success for a future landlord.
This site is neighboring a new Duch Bro's coffee shop and across the street from a Costco center with a reported traffic count of 26,596 cars passing in front of this site a day it is sure to create an abundant of business with its corner location. The information provided assumes a renewal in 2027 with a 10% increase in base rent for every 5 years thereafter.
This site is neighboring a new Duch Bro's coffee shop and across the street from a Costco center with a reported traffic count of 26,596 cars passing in front of this site a day it is sure to create an abundant of business with its corner location. The information provided assumes a renewal in 2027 with a 10% increase in base rent for every 5 years thereafter.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
3,651 SF
Building Class
B
Year Built
1989
Price
$2,706,166 CAD
Price Per SF
$741.21 CAD
Cap Rate
3.22%
NOI
$87,081 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.41 AC
Zoning
B4
Parking
9 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 5094-00-135 | Improvements Assessment | $119,685 CAD |
| Land Assessment | $301,808 CAD | Total Assessment | $421,493 CAD |
PROPERTY TAXES
Parcel Number
5094-00-135
Land Assessment
$301,808 CAD
Improvements Assessment
$119,685 CAD
Total Assessment
$421,493 CAD
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