This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Berkeley Place 4301 Lowell Blvd

7,076 SF 100% Leased Retail Building Denver, CO 80211 $3,000,000 ($424/SF) 6.10% Cap Rate

INVESTMENT HIGHLIGHTS

  • 100% NNN leased to a high-quality mix of service-based tenancies - Berkeley Animal Hospital and Bodyody Body Bar
  • Blocks away from the popular Tennyson Street Entertainment District, one of Denver's premier retail and dining destinations
  • Located in cherished historic and affluent Berkeley neighborhood and surrounded by Denver's most sought after urban neighborhoods
  • Shadow Anchored by a #2 most visited Safeway location in a 5+ mile radius, drawing over 839K visits annually
  • Dedicated surface parking - 27 parking spaces (3.82/1,000 SF)

EXECUTIVE SUMMARY

CBRE National Retail Partners – Mountain is pleased to offer the opportunity to acquire Berkeley Place, an infill two tenant retail property in Denver, Colorado (the “Property”). The 7,076 SF Property is 100% leased to Curo Pet Care and Bodyody Body Bar and features NNN leases, stabilized in-place cash flow and contractual
rent growth.
Located in Northwest Denver's beloved historic Berkeley neighborhood, Berkeley Place benefits from its infill location, synergy and crossover traffic from adjacent national retailers: Safeway, Anytime Fitness and nearby Tennyson Street Entertainment District. The trade area offers strong demographic densities with a population of over 166,759 and average household incomes of over $145,793 within a 3-mile radius, driving significant consumer traffic to the Property.
Ideally positioned at the dominant intersection of Lowell Boulevard and West 44th Avenue, with exposure to over 16,776 vehicles per day, Berkeley Place meets all the necessary fundamentals of a viable retail destination and benefits from premier visibility and traffic volumes. The location and strong tenancy combine to make this a very attractive offering for passive investors looking for secured cash flow with strong real estate fundamentals.
Berkeley Place is being offered free and clear and on an as-is, where-is basis.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Retail
Building Size
7,076 SF
Building Class
C
Year Built/Renovated
1967/2024
Price
$3,000,000
Price Per SF
$424
Cap Rate
6.10%
NOI
$182,895
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.30 AC
Zoning
U-MX-3
Parking
15 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
108 FT on Lowell Blvd

AMENITIES

  • Bus Line
  • Pylon Sign
  • Signage
  • Storage Space
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Berkeley Animal Hospital (Curo Pet Care)
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
  • Bodyody Body Bar
  • Services
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Berkeley Animal Hospital (Curo Pet Care) Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Bodyody Body Bar Services 99,999 SF $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (89)
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.®

NEARBY MAJOR RETAILERS

Anytime Fitness
Starbucks
Safeway
Commerce Bank
U.S. Bank
F45
Corepower Yoga
First Bank
Natural Grocers
Sprouts Farmers Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2194-30-019
Land Assessment
$284,110
Improvements Assessment
$54,520
Total Assessment
$338,630
  • Listing ID: 34890014

  • Date on Market: 12/26/2024

  • Last Updated:

  • Address: 4301 Lowell Blvd, Denver, CO 80211

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}