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15-37 Strong St

8,008 SF Vacant Retail Building Brighton, CO 80601 $1,290,000 ($161/SF)

Investment Highlights

  • All 4 stores has major road exposure
  • Situated in downtown with own parkings
  • Well maintained
  • Located where Highway 85 and CO Highway 7 meets
  • 100% occupied with strong local tenants
  • Drive through features

Executive Summary

A multi-tenant retail building with a strong occupancy rate is located in downtown Brighton, a rapidly growing city. The current below-market rent and lease structure give the next owner room for growth. The property is well-maintained and continually updated, with a newer roof and a new parking lot. Storefront parking lots offer great convenience for local businesses' customers. The location and drive-through features will attract various types of development.

Financial Summary (Pro forma - 2024)

Annual Annual Per SF
Gross Rental Income $120,000 $14.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $120,000 $14.99
Net Operating Income - -

Financial Summary (Pro forma - 2024)

Gross Rental Income
Annual $120,000
Annual Per SF $14.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $120,000
Annual Per SF $14.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,008 SF
Building Class
C
Year Built
1974
Price
$1,290,000
Price Per SF
$161
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Land Acres
0.28 AC
Zoning
D.T., Brighton
Parking
17 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
147 FT on Hwy 85

Amenities

  • Corner Lot
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 32697987

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 15-37 Strong St, Brighton, CO 80601

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