15101 E 104th Ave - Bank FOR SALE


Commerce City, CO 80022
$4,124,000 USD
415-308-4987
15101 E 104th Ave, Commerce City, CO for Sale
$4,124,000 USD
Bank - FOR SALE
1/4
null | 4.85% Cap Rate

15101 E 104th Ave
Commerce City, CO 80022


HIGHLIGHTS

  • 15-year absolute net lease with 10% increases every 5 years
  • Hard corner signalized entrance to Colorado’s dominant grocer
  • Strong real estate fundamentals – drive-thru, direct ingress/egress, pad to top ranked shopping center
  • Huntington Bank (Nasdaq: HBAN) is a full-service banking provider founded in 1866 that currently manages $279 billion in total assets
  • Tenant has a 150+ year operating history
  • Explosive growth submarket – 20%+ population increases estimated within a 1, 3, and 5-mile radius over the next 5 years

OVERVIEW

Brand-new 15-year absolute net corporate Huntington Bank lease featuring 10% rental increases every 5 years throughout the base term and options. The tenant is a publicly traded (Nasdaq: HBAN) full-service banking provider with $279B in total assets under management. The subject property is located in Commerce City – a fast-growing and affluent Denver submarket boasting average household incomes of $165,000 within a 3-mile radius.

FOR SALE DETAILS

PRICE

$4,124,000 USD

PRICE/SF

$1,309 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Huntington Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

-

APN/PARCEL ID

1723-07-4-01-014

ASK ABOUT THIS PROPERTY

Chris PetersCP Partners CREMore Info
415-308-4987

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Chris PetersCP Partners CREMore Info
415-308-4987

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