1945 Sheridan Blvd, Denver, CO 80227
17,174 SF | 100% Leased | Retail Building | Denver, CO 80227 | $4,500,000 ($262/SF) | 7.42% Cap Rate
For Sale
Active
Asking Price $4,500,000
- Property Type
-
Retail
- Square Feet
- 17,174 SF
- Price / Square Foot
- $262
Listing Contacts
Matt Henrichs
Parker Brown
Property Overview
CBRE is pleased to offer to qualified investors the opportunity to acquire a 100% fee interest in The Shops at Sheridan and Jewell, a 17,174 square foot multi-tenant retail property located in Denver, Colorado. The subject property offers in-place income, quality construction, and is shadow anchored by VASA Fitness and within close proximity to major national retailers such as King Soopers, Big Lots and Dollar Tree.
The Shops at Sheridan and Jewell is located off Sheridan Blvd, one of the main travel corridors in the Denver area, with exposure to over 51,900 vehicles per day. The property is 100% leased to e-commerce resistant tenants – Jewell Liquors/GoPuff, Prime Carniceria Meat Market, Papa Murphy's, H&R Block, Riviera Dentistry, Virgo Communications (Total by Verizon) and Colorado Discount Nutrition. 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.
The Shops at Sheridan and Jewell is being offered free and clear on an as-is, where-is basis.
The Shops at Sheridan and Jewell is located off Sheridan Blvd, one of the main travel corridors in the Denver area, with exposure to over 51,900 vehicles per day. The property is 100% leased to e-commerce resistant tenants – Jewell Liquors/GoPuff, Prime Carniceria Meat Market, Papa Murphy's, H&R Block, Riviera Dentistry, Virgo Communications (Total by Verizon) and Colorado Discount Nutrition. 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.
The Shops at Sheridan and Jewell is being offered free and clear on an as-is, where-is basis.
Property Details
- Class
- B
- Year Built
- 1993
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 71,438 SF
Highlights
- Shadow Anchored by Vasa Fitness - #9 Top Performing location in Colorado
- Exceptional Tenant Mix with Attractive NNN Lease Structures - Best in class, internet tenancy
- Dynamic Trade Aera Demographics - Population of 100,300+ and average household incomes of $114,000+
- Located in the Southwest Denver Metro Trade Area - close proximity to major national retailers and over 7.5 miles from Downtown Denver
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