ANB Bank Ground Lease | 2241 E Arapahoe Rd
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ANB Bank Ground Lease 2241 E Arapahoe Rd
3,835 SF Retail Building Centennial, CO 80122 $2,160,000 ($563/SF) 7.50% Cap Rate
Investment Highlights
- Absolute NNN Ground Lease in Premier Location | Clean Surrender | 2008 Year Built
- Located in Affluent Denver Suburb | 11 Miles From Downtown Denver | 3M MSA Population
- Underlying Zoning Focuses on Mixed Use Development
- Priced Below Owner User Building Cost with In-Place Cash-Flow
- Outstanding Demographics | $154,629 Average Household Income | 289,978 Consumers
- Across from The Streets at SouthGlenn | 4M Annual Visits | Top Visited Lifestyle Center
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Storefront
Building Size
3,835 SF
Building Class
B
Year Built
2009
Price
$2,160,000
Price Per SF
$563
Cap Rate
7.50%
NOI
$162,067
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.69 AC
Zoning
2130 - Special Purpose
Parking
35 Spaces (8.48 Spaces per 1,000 SF Leased)
Frontage
209 FT on Arapahoe Rd
Amenities
- Drive Thru
Walk Score®
Very Walkable (77)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2077-23-4-15-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $397,575 |
PROPERTY TAXES
Parcel Number
2077-23-4-15-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$397,575
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ANB Bank Ground Lease | 2241 E Arapahoe Rd
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