15-37 Strong St
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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
Property Type
Retail
Property Subtype
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
Amenities
- Corner Lot
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Walk Score ®
Very Walkable (71)
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15-37 Strong St
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