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8002 Chase Dr 6,962 SF Retail Building Arvada, CO 80003 $4,916,376 CAD ($706.17 CAD/SF) 6.21% Cap Rate
Investment Highlights
- Outparcel to Strong Grocery Anchored Center - Top 5% Grocery location in Colorado drawing over 1.2M visits to the Center
- Optimal Location for Visibility and Ease of Access - Hard Corner signalized intersection with drive by exposure to over 56,500+ VPD
- Exceptional Tenant Mix with Attractive Net Lease Structures - 100% leased to a diverse mix of food & beverage and convenience store tenancies
Executive Summary
CBRE National Retail Partners – Mountain is pleased to offer the opportunity to acquire 8002 Chase Drive, a 100% leased, 6,962-square-foot multi-tenant retail property in the north Denver MSA. This infill asset boasts stable, in-place cash flow with contractual rent growth, featuring NNN leases from a strong tenant roster including national brand 7-Eleven, LaGuardia Liquors, and Enrico's Italian Market.
Strategically located at a high-visibility, signalized intersection (West 80th Avenue & Chase Drive) just off heavily trafficked Sheridan Boulevard, the Property benefits from significant consumer cross-over traffic and drive by exposure to over 62,000+ vehicles per day. It is shadow-anchored by a top-performing King Soopers (1.2M+ annual visits in the past 12 months) and surrounded by national retailers such as Pet Supplies Plus, Dutch Bros. Coffee, Taco Bell, and Burger King. The robust trade area further enhances appeal with a dense population of over 144,900 and average household incomes exceeding $115,400 within a 3-mile radius.
8002 Chase Drive offers investors a fundamentally sound retail asset with premier visibility, easy access, and strong demographics, presented free and clear on an "As-is, Where-is" basis.
Strategically located at a high-visibility, signalized intersection (West 80th Avenue & Chase Drive) just off heavily trafficked Sheridan Boulevard, the Property benefits from significant consumer cross-over traffic and drive by exposure to over 62,000+ vehicles per day. It is shadow-anchored by a top-performing King Soopers (1.2M+ annual visits in the past 12 months) and surrounded by national retailers such as Pet Supplies Plus, Dutch Bros. Coffee, Taco Bell, and Burger King. The robust trade area further enhances appeal with a dense population of over 144,900 and average household incomes exceeding $115,400 within a 3-mile radius.
8002 Chase Drive offers investors a fundamentally sound retail asset with premier visibility, easy access, and strong demographics, presented free and clear on an "As-is, Where-is" basis.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
6,962 SF
Building Class
C
Year Built
1976
Price
$4,916,376 CAD
Price Per SF
$706.17 CAD
Cap Rate
6.21%
NOI
$305,292 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.65 AC
Zoning
MX-U - Mixed-use Urban
Parking
25 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
81’ on W 80th Ave
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
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99,999 SF
- -
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Lorem Ipsum
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Jan 0000
7-Eleven began in 1927 and grew from an early convenience concept into a global convenience retailer. The company operates, franchises, and licenses a broad store network in the United States and Canada, and its brand family includes Speedway, Stripes, Laredo Taco Company, and Raise the Roost Chicken and Biscuits. 7-Eleven also offers proprietary services and products such as 7NOW, 7Rewards, Speedy Rewards, and 7-Eleven Fleet, reflecting a business that spans retail, foodservice, fuel, and digital convenience. The company presents itself as the world’s first convenience retailer and continues to focus on serving customer needs across its store and brand portfolio.
- Enrico's Italian Market & Deli
- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
- LaGuardia Liquor
- Accommodation and Food Services
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99,999 SF
- -
-
Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| Enrico's Italian Market & Deli | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 | |
| LaGuardia Liquor | Accommodation and Food Services | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
20/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-254-14-013 | Improvements Assessment | $93,709 CAD |
| Land Assessment | $201,046 CAD | Total Assessment | $294,755 CAD |
Property Taxes
Parcel Number
29-254-14-013
Land Assessment
$201,046 CAD
Improvements Assessment
$93,709 CAD
Total Assessment
$294,755 CAD
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8002 Chase Dr
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