Berkeley Place 4301 Lowell Blvd 7,076 SF 48% Leased Retail Building Denver, CO 80211 $3,000,000 ($423.97/SF) 6.10% Cap Rate

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.