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7289 E Hampden Ave
Denver, CO 80224
Retail Property For Sale
Investment Highlights
- Next door to a full service and busy gas station, complimentary to the dispensary
Executive Summary
» 100% leased cannabis dispensary
» High visibility location with over 45,000 vehicles per day
» Trees Dispensary is the tenant and is a vertically integrated cannabis company and multi-state operator
» Strong tenant in-place with lease expiring December 31, 2032
» Tenant has two 5-year options to renew at FMV (no less than the previous years rent)
» High visibility location with over 45,000 vehicles per day
» Trees Dispensary is the tenant and is a vertically integrated cannabis company and multi-state operator
» Strong tenant in-place with lease expiring December 31, 2032
» Tenant has two 5-year options to renew at FMV (no less than the previous years rent)
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,404 SF
Building Class
C
Year Built
1981
Price
$2,060,056 CAD
Price Per SF
$1,467.28 CAD
Cap Rate
9%
NOI
$185,405 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.12 AC
Zoning
S-MX-5A
Parking
4 Spaces (2.85 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 6324-00-083 | Improvements Assessment | $57,641 CAD |
| Land Assessment | $57,641 CAD | Total Assessment | $161,416 CAD |
Property Taxes
Parcel Number
6324-00-083
Land Assessment
$57,641 CAD
Improvements Assessment
$57,641 CAD
Total Assessment
$161,416 CAD
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