$3,245,455 USD
858-373-3184
520 E Colfax Ave
Denver, CO 80203
Capitol Hill
HIGHLIGHTS
- NNN Lease with Minimal Landlord Responsibilities and Built-in 10% Rent Increases Every 5 Years. Recently Renovated with a New Roof.
- Tenant Expanded to Occupy the Entire Building, Signaling Long-Term Commitment to the Site.
- Located along East Colfax Avenue, one of Denver’s Highest-Trafficked Commercial Corridors. Features Easy Access and Excellent Visibility.
- Nearby Metropolitan State University and the University of Colorado Denver bring a Continuous Flow of Students, Staff, and Academic Professionals.
- Prime Central Denver Location with High Foot and Vehicle Traffic Exposure along a Major Thoroughfare, surrounded by Vibrant Commercial Activity.
- Extremely Dense Denver Submarket with over 500k People Residing within a 5-Mile Radius. Affluent Area.
OVERVIEW
Prime Central Denver Location - 500k+ Population w/in 5 Miles | Signalized Corner | Surrounded by Government, Cultural & Tourist Hubs | Densely Populated Capitol Hill Neighborhood | $117K+ Avg. HHI w/in 3 Miles | Near Major Universities | Direct Access to RTD Light Rail, Bus Lines & DIA
Colorado Broker of Record: Adam Lewis | 1144 15th St., Suite 2150 Denver, CO 80202 | P: (303) 328-2000 | Lic #: ER.100091205 | Firm Lic #: EC. 100048709 | Adam.Lewis@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$3,245,455 USD
PRICE/SF
$278 USD /SF
CAP RATE
5.5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CITYVET - VET CLINIC (55+ LOCATIONS) | NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Storefront Retail/Office
ADD'L SUBTYPES
Freestanding, Storefront, Medical
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
0.36 AC
LAND SF
15,599 SF
ZONING
C-MS
APN/PARCEL ID
5031-03-015
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858-373-3184
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858-373-3184
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