Building E & F | 7575 Broadway St
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Building E & F 7575 Broadway St
6,200 SF 100% Leased Retail Building Denver, CO 80221 $1,450,000 ($234/SF) 8.74% Cap Rate
Executive Summary
• 100% leased retail asset to two tenants
• Located in a strong neighborhood, Sherrelwood
• Brand new finishes and restaurant infrastructure in larger unit
• Close proximity to major interstates (I25 and US Route 36)
• Strong tenants with long operating history (since 2011)
•Price: $1,450,000
•Current NOI: $126,780
•Current Cap Rate: 8.74%
• Located in a strong neighborhood, Sherrelwood
• Brand new finishes and restaurant infrastructure in larger unit
• Close proximity to major interstates (I25 and US Route 36)
• Strong tenants with long operating history (since 2011)
•Price: $1,450,000
•Current NOI: $126,780
•Current Cap Rate: 8.74%
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,200 SF
Building Class
C
Year Built
1977
Price
$1,450,000
Price Per SF
$234
Cap Rate
8.74%
NOI
$126,780
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
0.55 AC
Zoning
PUD C-5, Denver - Flexible with Many Business Uses--Vacant space is set up as Sportsbar/Restarant with outside patio.
Parking
30 Spaces (4.84 Spaces per 1,000 SF Leased)
Frontage
62 FT on Del Norte
Amenities
- Corner Lot
- Restaurant
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 1719-34-3-01-047 | Improvements Assessment | $189,610 |
| Land Assessment | $46,590 | Total Assessment | $236,200 |
PROPERTY TAXES
Parcel Number
1719-34-3-01-047
Land Assessment
$46,590
Improvements Assessment
$189,610
Total Assessment
$236,200
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Building E & F | 7575 Broadway St
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