6429 Miller St - Retail FOR SALE


Arvada, CO 80004- Northwest Arvada
$1,100,000 USD
720-881-8669
6429 Miller St, Arvada, CO for Sale
$1,100,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

6429 Miller St
Arvada, CO 80004
Northwest Arvada


OVERVIEW

This retail strip center in Arvada offers a stabilized investment opportunity with an operational upside. The 7,734-square-foot building currently maintains 100% occupancy across its five units. Positioned on a 0.85-acre lot, the property serves as a resilient neighborhood anchor with a diverse tenant mix that includes an event center, a collectables shop, and a salon. A new owner can capture immediate gains by refining operations and realigning lease structures with current market standards. Transitioning existing modified gross leases to a triple-net structure will allow for improved expense recovery and enhanced cash flow. The property features functional utility, including a parking ratio of 5.80 spaces per 1,000 square feet. With 45 surface spaces and prominent signage, the site provides accessibility and visibility for its service-oriented tenants. The general commercial zoning supports a wide range of future retail and professional uses. Located in an affluent Northwest submarket, the center benefits from strong local demographics, including 101,536 residents and a median household income of $101,311 within a three-mile radius. The property is situated just 0.12 miles from Ralston Road and 0.16 miles from West 64th Avenue, which carry 20,794 and 22,762 vehicles per day, respectively. Additionally, the site is just a three-minute drive from the Arvada Ridge commuter rail station.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$142 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

36,982 SF

ZONING

Commercial, General (CG)

APN/PARCEL ID

39-044-21-021

ASK ABOUT THIS PROPERTY

Tony MirandaBellStreetMore Info
720-881-8669

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Tony MirandaBellStreetMore Info
720-881-8669

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