3890 Kipling St - Retail FOR SALE


Wheat Ridge, CO 80033- Bel Aire
$6,500,000 USD
303-748-8009
3890 Kipling St, Wheat Ridge, CO for Sale
$6,500,000 USD
Retail - FOR SALE
1/12
null | 5.95% Cap Rate

3890 Kipling St
Wheat Ridge, CO 80033
Bel Aire


HIGHLIGHTS

  • HIGH VISIBILITY LOCATION ON KIPLING STREET
  • LOCATED IN VIBRANT WHEAT RIDGE AREA
  • HEALTHY E-COMMERCE RESISTANT TENANT MIX

OVERVIEW

RE/MAX Professionals is pleased to announce they have been retained to exclusively market this unique Wheat Ridge retail strip center for $6,500,000. This is a great opportunity to acquire Hillside Plaza, situated a block of West 38th Avenue and Kipling Street. Zoned C1 and highly visible with over 34,000 vehicles per day (VPD) on Kipling Street. It is perfectly situated in the desirable Wheat Ridge community and central to the Golden, Arvada, Lakewood and Downtown Denver areas. The incoming investor will benefit from stable cash flow with tremendous upside with market rents and a county approved 3,800 SF pad site. 3890 Kipling Street is an 84,844 square foot lot located on high traffic and highly visible Kipling Street. Since the property is zoned C1, it will allow for multiple uses, including an extensive ecommerce resistant tenant mix. The county approved a 3,800 SF pad site on the Northwest corner. The property is situated in the heart of Wheat Ridge and less than 5-minutes to Downtown Wheat Ridge, 8-minutes to Wheat Ridge light rail, and short drive to Downtown Denver.

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$330 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hillside Plaza

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

88

LAND DETAILS

LAND ACRES

2.01 AC

LAND SF

87,556 SF

ZONING

C1

APN/PARCEL ID

39-223-07-010

ASK ABOUT THIS PROPERTY

Damon L ChavezRE/MAX ProfessionalsMore Info
303-748-8009

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Damon L ChavezRE/MAX ProfessionalsMore Info
303-748-8009

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