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Investment Highlights
- Two contiguous storefronts totaling 6,380 SF of GLA
- Delivered vacant with dual-address flexibility
- ~55’ of frontage along Santa Fe Drive with direct street-level exposure
- Rare C-MS-8 zoning on an established main street corridor
- Positioned within the Art District on Santa Fe
Executive Summary
1210–1214 Santa Fe Drive is a multi-tenant retail / mixed-use property positioned along the Santa Fe Drive corridor in Denver’s Baker and La Alma/Lincoln Park neighborhoods. The property will be delivered vacant at closing, offering a buyer full control of the space and the ability to occupy, reconfigure, or re-tenant at current market rents without assuming in-place lease obligations. The property benefits from continuous street frontage, strong pedestrian activity driven by the surrounding gallery and restaurant district, and an established position within one of Denver’s most recognizable urban submarkets. Based on comparable sales and current market conditions, we believe the asset will appeal primarily to owner-users seeking a storefront presence in an amenity-rich corridor, as well as value-add investors prepared to underwrite lease-up and capture the spread between legacy and current market rents. The subject’s dual-address configuration and central location position it well within today’s market environment.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
6,380 SF
Building Class
C
Year Built
1955
Price
$1,625,000
Price Per SF
$254.70
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,172 SF
Building FAR
1.22
Lot Size
0.12 AC
Zoning
B8
Parking
5 Spaces (0.78 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Auraria Dental Lab
- Manufacturing
- -
- -
- -
- Enterprise Software Systems
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Auraria Dental Lab | Manufacturing | - | - | - | ||
| Enterprise Software Systems | Information | - | - | - |
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Very walkable
80/100
Exceptionally drivable
100/100
Good public transit
70/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 5035-04-034 | Improvements Assessment | $245,620 |
| Land Assessment | $245,620 | Total Assessment | $348,460 |
Property Taxes
Parcel Number
5035-04-034
Land Assessment
$245,620
Improvements Assessment
$245,620
Total Assessment
$348,460
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