11652 64Th Ave, Arvada, CO 80004

3,527 SF | Retail Building | Arvada, CO 80004 | $2,325,000 ($659/SF) | 6.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,325,000

Property Type
Retail
Square Feet
3,527 SF
Price / Square Foot
$659

Listing Contacts

Logan Harrison
Logan Harrison
Verified Profile
Michael Paul
Michael Paul
Verified Profile
  • Property Info

Property Overview

Brand New 10 Year Lease – Tenant will sign new 10 year NNN lease with 2% annual increases. Two (2) Five 5 year extension options
Franchisee’s Corporate Guarantee – Edit Real Estate, LLC will guarantee the lease. Operating 48 locations throughout Texas,
Colorado, and the Midwest.
Fundamentally Excellent Real Estate – This freestanding drive thru building is well positioned just down the street from King Soopers (Kroger) in densely populated Arvada, CO (Denver MSA) with over 228,000 people within a 5 mile radius. Strong income demos and net
positive migration to the area make this asset recession resistant.
About Tide Cleaners – A Proctor and Gamble company, Tide Cleaners is America’s number 1 Dry Cleaner. Unlike traditional dry cleaners, Tide Cleaners never uses harsh chemicals like perc. Instead, Tide Cleaners uses GreenEarth Cleaning solvent, which is a silicone-based solvent, which is better for the environment and lender friendly.

Property Details

Class
B
Year Built
2002
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
62,291 SF

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