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SWC E 96th Ave & Yosemite St - 7 Eleven, Commerce City, CO

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SWC E 96th Ave & Yosemite St - 7 Eleven

Commerce City, CO 80022 - Northeast Ret Submarket

Property Type:Retail Sub Type:Convenience Store Status:Under Construction, delivers October 2016 Year Built:2016
Building Size:3,500 SF Land Area:2.68 AC (116,741 SF)
For Sale Price:$3,575,000 Price/SF:$1,021.43
Cap Rate:4.75 %

Sale Notes:
The Denver-Aurora-Broomfield metro consists of Broomfield, Arapahoe, Denver, Adams, Douglas and Jefferson counties. Denver, which is both a county and a city, is the largest of each, with more than 655,700 residents. The entire metro is expected to post an average population gain of 1.2 percent annually over the next five years.
Most of Denver' s largest employers are in population-serving businesses such as retail and healthcare, and their expansion will track a rise in population and income growth. Major employers include Wells Fargo Bank and United Airlines. Echostar, headquartered in Englewood, creates hardware and service solutions for cable, IPTV and satellite TV companies. It spun off DISH Network, which provides thousands of jobs in the region. Lockheed Martin Space Systems, which also employs thousands of local residents, has added positions to the Denver area in a joint venture with Boeing. Other Lockheed Martin divisions are also represented in the region, making it one of the largest and most dynamic employers in the Denver area.

Marcus & Millichap Inc
Jamie Medress
(602) 687-6778

Chris Lind
(602) 687-6780

Mark Ruble
(602) 687-6766 x6766

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