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15-37 Strong St 8,008 SF Vacant Retail Building Brighton, CO 80601 $1,290,000 ($161.09/SF)
INVESTMENT HIGHLIGHTS
- All 4 stores have major road exposure
- Situated in downtown with its own parking
- Well maintained
- Located where Highway 85 and CO Highway 7 meet
- 100% occupied with strong local tenants
- Drive-through feature
EXECUTIVE SUMMARY
Back on the Market! No fault of the seller or the property. A multi-tenant retail building with a strong occupancy rate is located in downtown Brighton, a rapidly growing city. The current below-market rent and lease structure gives the next owner room for growth. The property is well-maintained and continually updated, with a newer roof and a new parking lot. Storefront parking lots offer great convenience for local businesses' customers. The location and drive-through features will attract various types of business owners and developers.
FINANCIAL SUMMARY (PRO FORMA - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$14.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$120,000
|
$14.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $14.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $14.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,008 SF
Building Class
C
Year Built
1974
Price
$1,290,000
Price Per SF
$161.09
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.67
Lot Size
0.28 AC
Zoning
D.T., Brighton
Parking
17 Spaces (2.12 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1569-06-3-12-008 | Improvements Assessment | $242,190 |
| Land Assessment | $29,160 | Total Assessment | $271,350 |
PROPERTY TAXES
Parcel Number
1569-06-3-12-008
Land Assessment
$29,160
Improvements Assessment
$242,190
Total Assessment
$271,350
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15-37 Strong St
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