Sale 1805 | Denver, CO
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Prime Value-Add Opportunity
High Growth Area, 10 Min. from Downtown |
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15-unit strip center across 3 buildings, 42,885 sf net leasable area on 3.45 ac
Tenants include Family Dollar, liquor store, coin laundry, restaurants
2 blocks from Light Rail Station – Transit Oriented Development Area
- Minimum Bid: $3,745,000
- 2017 NOI: $365,055
- 9.7% CAP Rate
- 69% occupancy (3 vacant units)
- 6 leases expire within 2-years
- Adjacent shopping center has reportedly grown 20% in 3 years
- Next to Casa Bonita restaurant - 500,000 annual visitors
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Additional Information Available
Contact Jonathan Graham:
312.278.6835 or jonathan.graham@nrc.com |
| Bid Deadline: May 30 |
| Although information has been obtained from sources deemed reliable, NRC Realty & Capital Advisors, LLC, NRC Realty & Capital Advisors of Colorado, LLC, the Trustee, and/or its representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without expressed or implied warranty of any kind. Lot and building sizes are approximate. Property may be withdrawn at any time without notice. All bids subject to approval by the Trustee and bankruptcy court approval. |
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