7357 Grandview Ave
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7357 Grandview Ave
4,007 SF 100% Leased Retail Building Arvada, CO 80002 $2,400,000 ($599/SF) 7.25% Cap Rate
Investment Highlights
- Three Well-Credited Tenants with Multiple Colorado Location
- Brand New Building Constructed in 2022
- Ample Off-Street Parking and Nearby 600 Space Free Parking Garage
- Long-Term NNN Leases
- In the Heart of Olde Town Arvada with Steady Pedestrian Foot Traffic
- Mixed-use Corridor with Heavy Residential Population that includes a 252-Unit Apartment Complex and 119 Room Residence Inn Across the Street
Executive Summary
MAJOR PRICE REDUCTION - Introducing a prime retail investment opportunity at 7357 Grandview Avenue, Arvada, CO. This impeccably constructed, 4,007 SF building, built in 2022 and zoned OT-GV, is an ideal addition to any portfolio. Boasting three well-credited tenants with multiple Colorado locations and long-term NNN leases, this property offers stability and income potential. Its prime location in the heart of Olde Town Arvada ensures steady foot and car traffic, coupled with ample off-street parking and nearby free parking garage access. Situated in a thriving commercial corridor, this property presents an excellent opportunity to capitalize on a dynamic and rapidly growing
market.
market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
4,007 SF
Building Class
B
Year Built
2022
Price
$2,400,000
Price Per SF
$599
Cap Rate
7.25%
NOI
$174,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Land Acres
0.30 AC
Zoning
OT-GV - Old Town Grandview
Walk Score ®
Walker's Paradise (95)
Nearby Major Retailers
1 of 27
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7357 Grandview Ave
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