2299 West Alameda Avenue, Denver, CO 80223
2299 West Alameda Avenue, Denver, CO 80223

Alameda - 7-11 2299 West Alameda Avenue, Denver, CO 80223

Status: sold
Property Type: Shopping Center / Retail
Building Size: 3,651 SF
Price: $1,700,000
Price per SF: $465.63
NOI: $63,250

Area Description

Corner of West Alameda and South Yuma - Denver Colorado (80223 zip code).

Highlights

With an original lease date from 7Eleven being in 1986, this site offers a great opportunity to benefit from a true triple net lease structure in Denver Colorado. The location offers a wonderful position for this tenant, and the track record for the site offers stable success for a future landlord.


This site is neighboring a new Duch Bro's coffee shop and across the street from a Costco center with a reported traffic count of 26,596 cars passing in front of this site a day it is sure to create an abundant of business with its corner location.


The information provided assumes a renewal in 2027 with a 10% increase in base rent for every 5 years thereafter.

 

Full Address: 2299 West Alameda Avenue, Denver, CO 80223

Listing Type: FOR SALE

Status: Sold

Occupancy Rate: 100%

Region: W-WM 

Property ID: 4079183

Building Sf: 3,651

Number Units: 1

Tenancy Type: Single-Tenant

Features

With an original lease date from 7Eleven being in 1986, this site offers a great opportunity to benefit from a true triple net lease structure in Denver Colorado. The location offers a wonderful position for this tenant, and the track record for the site offers stable success for a future landlord.


This site is neighboring a new Duch Bro's coffee shop and across the street from a Costco center with a reported traffic count of 26,596 cars passing in front of this site a day it is sure to create an abundant of business with its corner location.


The information provided assumes a renewal in 2027 with a 10% increase in base rent for every 5 years thereafter.

 

Cash Flow Type: Proposed

Cf Effective Gross: $63,250

Cf Year: $2,025

Scheduled Income: $63,250

NOI: $63,250

Debt Type: Proposed

Tenants

1: National Tenant-7-11 Occupied: 2590 SF Lease Expiration: 04/30/2027

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