5 S 1st Ave - Freestanding FOR SALE


Brighton, CO 80601
$1,200,000 USD
720-209-5546
5 S 1st Ave, Brighton, CO for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

5 S 1st Ave
Brighton, CO 80601


HIGHLIGHTS

  • - Investment property with upside vacant space (industrial/retail)
  • - Recession proof tenant just renewed lease for another 5 years
  • - 3% annual bumps
  • - Empty space and signage have visibility to highway and exit into Brighton

OVERVIEW

Rare Opportunity - Perfect 1031 Exchange Property Two tenant building of 11,000 SF with a single vacancy in walk-out basement consisting of about 5,500 SF. The vacant space has a roll up door and is perfect for tenancy or storage (including car storage). Sales price is based on new 5 year lease from main floor tenant. This is a "no-hassle" single tenant investment. Tenant completed initial 7 year term, renewed for an additional 5 years starting 8/2024 and has an option for another 5 years starting 8/2029. 3% bumps annually! Medical use, strong tenant with guaranteed repeat business. Call Ray for additional information 720.209.5546.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,939 SF

ZONING

C-3, Brighton

APN/PARCEL ID

1569-07-2-05-001

ASK ABOUT THIS PROPERTY

Ray RosadoLee & Associates | DenverMore Info
720-209-5546

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Ray RosadoLee & Associates | DenverMore Info
720-209-5546

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