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5445 W Evans Ave
Denver, CO 80227
Retail Property For Sale
Investment Highlights
- Fully leased to a stable and complementary mix of three tenants.
- Situated on a large 1.3-acre lot, offering long-term land value.
- Significant recent capital improvements, including a full roof replacement.
- Strong frontage and visibility on W Evans Ave, a key central Denver corridor.
Executive Summary
5445 W Evans Ave in Denver is a 21,700-square-foot multi-tenant property situated on a large 1.3-acre lot with direct frontage along W Evans Ave just west of Sheridan. The asset is currently leased to three complementary operators - a greenhouse/landscaping business, a concrete logistics company, and an interior landscaping company - creating a cohesive environment where each tenant's use supports the others. The property has seen meaningful recent upgrades, including a full roof replacement across the entire building and greenhouse. With Its sizable lot, stable tenant mix, strong frontage, and long-term land value potential, this property serves as a compelling investment opportunity in a central Denver corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Garden Center
Building Size
21,700 SF
Building Class
C
Year Built
1985
Price
$3,396,925 CAD
Price Per SF
$156.54 CAD
Cap Rate
7.01%
NOI
$238,203 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.30 AC
Zoning
S-CC-3X
Parking
11 Spaces (0.51 Spaces per 1,000 SF Leased)
Frontage
256’ on Evans Ave
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 4251-00-056 | Improvements Assessment | $415,145 CAD |
| Land Assessment | $415,145 CAD | Total Assessment | $564,284 CAD |
Property Taxes
Parcel Number
4251-00-056
Land Assessment
$415,145 CAD
Improvements Assessment
$415,145 CAD
Total Assessment
$564,284 CAD
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