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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.

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)
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

Texas Roadhouse
Bok Financial
CrossFit
Cava
Everbowl
Snooze an A.M. Eatery
Smashburger
Fazoli's
Huntington National Bank
Red Robin
  • Listing ID: 32421462

  • Date on Market: 7/11/2024

  • Last Updated:

  • Address: 7357 Grandview Ave, Arvada, CO 80002

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