4850-4890 W Morrison Rd
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4850-4890 W Morrison Rd
11,768 SF 100% Leased Retail Building Denver, CO 80219 $7,500,000 ($637/SF) 24% Cap Rate
Investment Highlights
- Business + Real Estate Opportunity
- Month over month growth in sales
Executive Summary
Business & Real Estate Opportunity.
#1 independent seller of used Subaru
Successful operating business, averaging over 100 cars sold/month
Consumer Staple business selling reliable transpiration
Opportunity to add other complementary services
**Do not disturb employees
#1 independent seller of used Subaru
Successful operating business, averaging over 100 cars sold/month
Consumer Staple business selling reliable transpiration
Opportunity to add other complementary services
**Do not disturb employees
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
11,768 SF
Year Built
1953
Price
$7,500,000
Price Per SF
$637
Cap Rate
24%
NOI
$1,800,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.60 AC
Zoning
E-MX-3
Parking
135 Spaces (11.47 Spaces per 1,000 SF Leased)
Frontage
502 FT on Morrison Rd
Walk Score ®
Very Walkable (70)
Bike Score ®
Very Bikeable (73)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 5183-08-020 | Improvements Assessment | $280 |
Land Assessment | $153,590 | Total Assessment | $153,870 |
PROPERTY TAXES
Parcel Number
5183-08-020
Land Assessment
$153,590
Improvements Assessment
$280
Total Assessment
$153,870
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4850-4890 W Morrison Rd
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