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Shops On Santa Fe 1450-1470 S Santa Fe Dr 10,270 SF 93% Leased Retail Building Denver, CO 80223 $2,622,000 ($255.31/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- Fully occupied Retail Center, Close to Downtown Denver, easy access via Santa Fe Dr. and I -25
EXECUTIVE SUMMARY
Shops on Santa Fe offers a unique opportunity for an investor to own a triple net lease retail with tenants from the current national and local established tenants: Sankalpa Pole Fitness, YLo Epicure (a catering company), Fred Loya (national credit insurance company), California Carnitas (Mexican fast-food restaurant) and Evolution Tattoo. All leases are triple net leases. There is a digital Monument signage on Santa Fe. 1470 S. Santa Fe Dr. roof replaced in 2023.
Current NNN expenses: Approximately $10.33/SF
Current NNN expenses: Approximately $10.33/SF
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,270 SF
Building Class
B
Year Built
2006
Price
$2,622,000
Price Per SF
$255.31
Cap Rate
7%
NOI
$183,540
Percent Leased
93%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.58 AC
Zoning
B-4 - General Business District
Parking
38 Spaces (3.7 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Freeway Visibility
- Restaurant
- Signage
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Former insurance agency, digital signage, available January 1st.
| Space | Size | Space Use | Position | Available |
| B | 750 SF | Retail | In-Line | Now |
B
| Size |
| 750 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 of 3
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
B
| Size | 750 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Former insurance agency, digital signage, available January 1st.
Bike Score®
Very Bikeable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5223-09-045 | Improvements Assessment | $65,290 |
| Land Assessment | $485,320 | Total Assessment | $550,610 |
PROPERTY TAXES
Parcel Number
5223-09-045
Land Assessment
$485,320
Improvements Assessment
$65,290
Total Assessment
$550,610
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Shops On Santa Fe | 1450-1470 S Santa Fe Dr
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