4301 Lowell Blvd - Retail FOR SALE


Denver, CO 80211- Berkeley
$3,000,000 USD
720-528-6308
4301 Lowell Blvd, Denver, CO for Sale
$3,000,000 USD
Retail - FOR SALE
1/7
null | 6.1% Cap Rate

4301 Lowell Blvd
Denver, CO 80211
Berkeley


HIGHLIGHTS

  • 100% NNN leased to a high-quality mix of service-based tenancies - Berkeley Animal Hospital and Bodyody Body Bar
  • Shadow Anchored by a #2 most visited Safeway location in a 5+ mile radius, drawing over 839K visits annually
  • Blocks away from the popular Tennyson Street Entertainment District, one of Denver's premier retail and dining destinations
  • Dedicated surface parking - 27 parking spaces (3.82/1,000 SF)
  • Located in cherished historic and affluent Berkeley neighborhood and surrounded by Denver's most sought after urban neighborhoods

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$620 USD /SF

CAP RATE

6.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Berkeley Place

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

U-MX-3

APN/PARCEL ID

2194-30-019

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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Matt HenrichsCBRE, Inc.More Info
720-528-6308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.