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13671 - 13689 Colorado Boulevard - Cherrywood Park - NEC 136th & Colorado, Brighton, CO

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13671 - 13689 Colorado Boulevard - Cherrywood Park - NEC 136th & Colorado

Brighton, CO 80602 - Northeast Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2007
Building Size:6,497 SF Land Area:.86 AC (37,462 SF)
For Sale Price:$3,632,000 Price/SF:$559.03
Cap Rate:5.61 %
Parking:Free Surface spaces are available; Ratio of 6.16/1,000 SF
Features:Pylon Sign, Signage

Sale Notes:
• Seasoned Starbucks with drive-through and new 10-year lease renewal
• National franchise Martinizing Cleaners, and Liquor with new 5-year lease renewals
• Adjacent Walgreens and Chase Bank part of master development
• 1500 employee Amazon fulfillment Center, nearby, to open August 2018
• Amazon resistant businesses
• Population expected to grow 9.59% from 2018 through 2023
• Traffic count (136th & Colorado Blvd. 2017): 16,558 and increasing
• Cap rate: 5.61% (partial yr1), 5.97% (partial yr 2)
• Building size: 6,497sf (survey)

Bartell and Company Real Estate
Dan Bartell
(303) 753-9100 x12

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