8002 Chase Dr - Convenience Store FOR SALE


Arvada, CO 80003- Far Horizons
$3,600,000 USD
720-528-6308
8002 Chase Dr, Arvada, CO for Sale
$3,600,000 USD
Convenience Store - FOR SALE
1/5
null | 6.21% Cap Rate

8002 Chase Dr
Arvada, CO 80003
Far Horizons


HIGHLIGHTS

  • Outparcel to Strong Grocery Anchored Center - Top 5% Grocery location in Colorado drawing over 1.2M visits to the Center
  • Exceptional Tenant Mix with Attractive Net Lease Structures - 100% leased to a diverse mix of food & beverage and convenience store tenancies
  • Optimal Location for Visibility and Ease of Access - Hard Corner signalized intersection with drive by exposure to over 56,500+ VPD

OVERVIEW

CBRE National Retail Partners – Mountain is pleased to offer the opportunity to acquire 8002 Chase Drive, a 100% leased, 6,962-square-foot multi-tenant retail property in the north Denver MSA. This infill asset boasts stable, in-place cash flow with contractual rent growth, featuring NNN leases from a strong tenant roster including national brand 7-Eleven, LaGuardia Liquors, and Enrico's Italian Market. Strategically located at a high-visibility, signalized intersection (West 80th Avenue & Chase Drive) just off heavily trafficked Sheridan Boulevard, the Property benefits from significant consumer cross-over traffic and drive by exposure to over 62,000+ vehicles per day. It is shadow-anchored by a top-performing King Soopers (1.2M+ annual visits in the past 12 months) and surrounded by national retailers such as Pet Supplies Plus, Dutch Bros. Coffee, Taco Bell, and Burger King. The robust trade area further enhances appeal with a dense population of over 144,900 and average household incomes exceeding $115,400 within a 3-mile radius. 8002 Chase Drive offers investors a fundamentally sound retail asset with premier visibility, easy access, and strong demographics, presented free and clear on an "As-is, Where-is" basis.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$537 USD /SF

CAP RATE

6.21%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

MX-U

APN/PARCEL ID

29-254-14-013

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 Notice.