10800 W Alameda Ave
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10800 W Alameda Ave
6,880 SF 100% Leased Retail Building Lakewood, CO 80226 $1,570,000 ($228/SF) 7.01% Cap Rate
Investment Highlights
- Great street exposure
- Fully Leased
- Renovated
Executive Summary
Owner User or Investment! Standalone Retail fully leased at $16/SF NNN. The building has been recently, extensively updated, and is split into two units: Gaming Retail with commercial kitchen, and CBD Warehouse (Two Tenants). Ample parking on large lot, with great street exposure in a mixed-use neighborhood. Flexible zoning. Improvements include new water heater, sewer and water lines, AC, electric wiring, insulation, lighting, restroom and more. Sale includes the shipping container on the lot.
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Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,880 SF
Building Class
C
Year Built/Renovated
1966/2022
Price
$1,570,000
Price Per SF
$228
Cap Rate
7.01%
NOI
$110,080
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
0.67 AC
Zoning
M-N-U - https://www.lakewood.org/files/assets/public/v/5/planning/development-assistance/pdfs/zone-district-pdfs/m-n-u.pdf
Frontage
148 FT on W Alameda
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 49-162-01-001 | Improvements Assessment | $193,469 |
Land Assessment | $101,434 | Total Assessment | $294,903 |
PROPERTY TAXES
Parcel Number
49-162-01-001
Land Assessment
$101,434
Improvements Assessment
$193,469
Total Assessment
$294,903
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10800 W Alameda Ave
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