1945 S Sheridan Blvd - Storefront FOR SALE


Denver, CO 80227- Harvey Park
$4,800,000 USD
720-528-6308
1945 S Sheridan Blvd, Denver, CO for Sale
$4,800,000 USD
Storefront - FOR SALE
1/6
null | 7.4% Cap Rate

1945 S Sheridan Blvd
Denver, CO 80227
Harvey Park


HIGHLIGHTS

  • Shadow Anchored by a top performing VASA Fitness - #2 Fitness location in Colorado, accounting for over 868K visits
  • Exceptional Tenant Mix - 100% NNN leased to best in class, internet resistant tenancy
  • Infill Real Estate Fundamentals - Located along Sheridan Blvd with traffic counts in excess of 51,500+ VPD
  • Dynamic Trade Area Demographics - Population of 161,300+ and average household incomes of $102,000 in a 3-mile radius

OVERVIEW

CBRE is pleased to offer to qualified investors the opportunity to acquire a 100% fee interest in The Shops at Sheridan and Jewell, a 17,174 SF multi-tenant retail property located in Denver, Colorado. The subject property offers in-place income, quality construction, and is shadow anchored by VASA Fitness and within close proximity to major national retailers such as King Soopers, Big Lots and Dollar Tree. The Shops at Sheridan and Jewell is located off Sheridan Boulevard, one of the main travel corridors in the Denver area, with exposure to over 51,900 vehicles per day. The property is 100% leased to e-commerce resistant tenants – Jewell Liquors/GoPuff, Prime Carniceria Meat Market, Stoner's Pizza, H&R Block, Riviera Dentistry, Virgo Communications (Total by Verizon) and Colorado Discount Nutrition. The location and strong tenancy combine to make this a very attractive offering for passive investors looking for secured cash flow with strong real estate fundamentals. The Shops at Sheridan and Jewell is being offered free and clear on an as-is, where-is basis.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

115

LAND DETAILS

LAND ACRES

1.64 AC

LAND SF

71,438 SF

ZONING

S-CC

APN/PARCEL ID

4251-00-088

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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Matt HenrichsCBRE, Inc.More Info
720-528-6308

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