4595 S Santa Fe Dr 5,293 SF Retail Building Englewood, CO 80110 For Sale

High visibility location on busy South Santa Fe Drive (72,000 VPD) on a rare signalized intersection at Union Blvd. Ease of access would create an opportunity to put the gas station across the street out of business with a gas station here, and all other retail uses will benefit from the high visibility combined with easy turn in from northbound and southbound. There is an opportunity to acquire an extra acre next door for around $4MM. Determine what will pencil or what cap rate you require and submit your written offer. All offers are being reviewed in order received.
Opportunity to purchase existing business and FF&E. Current business generates $200,000 NOI. The City of Englewood has indicated that a rezone to Residential will be favorably considered. No limit on building height allowance for any structure allowed under I-1 zoning.
Allowed uses:
Office, Car Dealership Tower, Self Storage Tower, or Parking Tower. Other allowed uses include C-Store, Grocery, Gas Station, Cannabis, Live/work, Hookah Lounge, Physical Fitness, Check Cashing, Bank, Brew Pub, Strip Club, Medical Clinic, Hospital, Dry Cleaner, Tattoo Shop, General Retail, Other Adult Use, Parking Facility, Auto Sales and more.
Total acreage of this parcel is .99AC including a .24 AC easement on east side. GLA of 10,586 SF includes basement---5,293 SF upstairs and 5,293 SF basement. All information provided to be verified by purchaser.