5750-5790 W 44th Ave - Storefront Retail/Office FOR SALE


Denver, CO 80212
$1,275,000 USD
303-962-9563
5750-5790 W 44th Ave, Denver, CO for Sale
$1,275,000 USD
Storefront Retail/Office - FOR SALE
1/8
null | 7.22% Cap Rate

5750-5790 W 44th Ave
Denver, CO 80212


HIGHLIGHTS

  • Look Optical has been in this location for 25+ years
  • Versatile space with recently renovated retail on the first floor and offices on the second floor with private access
  • Fully leased to a single tenant through December 2029, providing stable in-place income
  • Opportunity for Value Add through lease up of underutilized space

OVERVIEW

Pinnacle Real Estate Advisors is pleased to announce they have been retained as the exclusive marketing advisor for 5750 – 5790 West 44th Ave in Denver, Colorado. 100% leased to Look Optical who have been in the building since 2001. The property is retail/office offering approximately 7,245 square feet on a 0.29 acre lot with excellent street exposure. The masonry building provides a functional commercial setting delivering stable in-place cash flow with a lease extending through December 2029. There can be an opportunity to lease out office/retail suites on the second floor to increase cash flow.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

7.22%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,300 SF

ZONING

C, Mountain View

APN/PARCEL ID

39-244-06-021

ASK ABOUT THIS PROPERTY

Keith LenzPinnacle Real Estate AdvisorsMore Info
303-962-9563

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Keith LenzPinnacle Real Estate AdvisorsMore Info
303-962-9563

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