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5750-5790 W 44th Ave
Denver, CO 80212
Retail Property For Sale
Executive Summary
Pinnacle Real Estate Advisors is pleased to announce they have been retained as the exclusive marketing advisor for 5750 – 5790 West 44th Ave in Denver, Colorado. 100% leased to Look Optical who have been in the building since 2001. The property is retail/office offering approximately 7,245 square feet on a 0.29 acre lot with excellent street exposure. The masonry building provides a functional commercial setting delivering stable in-place cash flow with a lease extending through December 2029. There can be an opportunity to lease out office/retail suites on the second floor to increase cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,246 SF
Building Class
C
Year Built
1959
Price
$1,758,148 CAD
Price Per SF
$242.64 CAD
Cap Rate
7.22%
NOI
$126,938 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.54
Lot Size
0.31 AC
Zoning
C, Mountain View
Parking
27 Spaces (3.73 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Property Taxes
| Parcel Number | 39-244-06-021 | Improvements Assessment | $128,113 CAD |
| Land Assessment | $69,809 CAD | Total Assessment | $197,922 CAD |
Property Taxes
Parcel Number
39-244-06-021
Land Assessment
$69,809 CAD
Improvements Assessment
$128,113 CAD
Total Assessment
$197,922 CAD
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