for sale - loopnet · sam leger executive vice president 303.512.1159 [email protected] tim...
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SAM LEGEREXECUTIVE VICEPRESIDENT
303.512.1159
TIM FINHOLMEXECUTIVE VICEPRESIDENT
303.512.1161
UNIQUE PROPERTIES400 S. BROADWAY
DENVER, CO 80209(p) 303.321.5888(f ) 303.321.5889
WWW.UNIQUEPROP.COM
PROPERTY BROCHURE
MIAMI, FLORIDA
CONTACT:
PRICE REDUCED!!!
FOR SALE
5708 E Colfax Ave | Denver, CO 80220
NNN Retail Investment Sale
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INVESTMENT SALE OPPORTUNITY | RETAIL
The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to thecompleteness or accuracy thereof. The presentation on this property is submitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, orwithdrawal without notice.
PROPERTY OVERVIEW
Great retail investment opportunity on Colfax. The property is leased through August 2022 toa bakery/pizza company with 2% annual rent increases. The building is in excellent conditionwith a full glass storefront, prominent signage, and 4 off-street parking spaces.
The property is located in a highly visible location on Colfax Avenue just east of ColoradoBoulevard. It is easily accessible from I-70 & I-25, only a short drive to Downtown Denver.Additionally, there are over 30,000 VPD on Colfax.
PROPERTY HIGHLIGHTS
• Successful Retail Restaurant Location
• 2% Annual Rent Increases
• 2 Curb Cuts on Colfax
• Great Visibility
• Tenant has 1 5-Year Extension
• Lease Expires August 31, 2022
OFFERING SUMMARY
5708 E COLFAX AVESale Price: $675,000
Cap Rate: 7.6%
NOI: $50,937.78
Lot Size: 5,156 SF
Building Size: 3,970 SF
Year Built: 1947
Parking: 4 Off-Street
Zoning: U-MS-3
Property Taxes: $7,570.01
Per Public Records
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The information contained herein was obtained from sources believed reliable; however, Unique Properties makes no guarantees, warranties or representations as to thecompleteness or accuracy thereof. The presentation on this property is submitted subject to errors, omission, changes of price, or conditions, prior to sale or lease, orwithdrawal without notice.
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