100 E South Boulder Rd - Retail FOR SALE


Lafayette, CO 80026
$3,299,000 USD
303-995-3388
100 E South Boulder Rd, Lafayette, CO for Sale
$3,299,000 USD
Retail - FOR SALE
1/28
null | Request Cap Rate

100 E South Boulder Rd
Lafayette, CO 80026


HIGHLIGHTS

  • On-site Parking
  • Corner Lot
  • Great Visibility
  • Near Apartments- Avalon Flatirons, 207 Unit Apartment Complex across the street
  • On Bus Route / Near Bike Path

OVERVIEW

7,432 SF Strip Center (including Car Wash) .92 Acres (40,001 SF) 85% Leased - 5 Tenants - Do NOT disturb tenants - A MULTI-TENANT RETAIL CENTER: Strip Center: 5,400 SF Below Market Rents E-Commerce Resistant, Service-based Tenants\ HVAC - 5 Rooftop units 25 parking spaces 85% Occupied with diverse tenant mix Base rent annual escalations Roof in great condition - 9 years old STARFISH CAR WASH: 5 self-serve bays: 1,993 SF Major Capital Improvements 2021/2022 Heated floor slabs LED lighting New Compressor New water softener 2 New Change machines 3 New Vacuums New Water Heater New Nayax Credit Card System Room to add value - add more vac & vending Video security system Lafayette Square Strip Center This retail center is a prime investment opportunity with a strong cash flow. Located on a prime corner lot with high traffic counts and excellent visibility, the center features a diverse mix of retail and service-based businesses, as well as multiple storefronts and ample parking for both customers and tenants. The center also includes a 5-bay self-serve car wash that was recently rebuilt in 2021 with new LED lighting, compressor, water softener, water heater, and heated bay floors. The existing tenants have a history of stable occupancy and rental income, and the center is conveniently situated across the street from a new apartment project.

FOR SALE DETAILS

PRICE

$3,299,000 USD

PRICE/SF

$448 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

Retail

APN/PARCEL ID

1575112-00-011

ASK ABOUT THIS PROPERTY

Gregory FairThe Colorado Group, Inc.More Info
303-995-3388

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Gregory FairThe Colorado Group, Inc.More Info
303-995-3388

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.