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1800 Lawrence St - 7-Eleven 3,500 SF Retail Condo Unit Offered at $2,188,000 in Denver, CO 80202
INVESTMENT HIGHLIGHTS
- Leased to 7 Eleven, Inc. (S&P: “A”) – Investment Grade Credit Rating | #1 Ranked Convenience Store in North America
- 5+ Years of Lease Term (2nd Option Period) | Passive NNN Lease Ownership Structure | 16 Year Operating History
- Highly Desirable Denver, Colorado Real Estate Assuring Liquidity & Long-Term Residual Value
- 2.9 Million in Reported Sales (2024) | 4.14% Rent to Sales
- Prime Downtown CBD Location | Walking Distance to Coors Field, Union Station, Denver Pavilions, & The Dairy Block
PROPERTY FACTS Under Contract
| Total Building Size | 60,000 SF | Year Built | 1931 |
| Property Type | Tenancy | Single | |
| Building Class | B | Lot Size | 0.50 AC |
| Floors | 4 | Parking Ratio | 0.5/1,000 SF |
| Typical Floor Size | 3,500 SF | ||
| Zoning | B-5, Denver | ||
| Total Building Size | 60,000 SF |
| Property Type | |
| Building Class | B |
| Floors | 4 |
| Typical Floor Size | 3,500 SF |
| Year Built | 1931 |
| Tenancy | Single |
| Lot Size | 0.50 AC |
| Parking Ratio | 0.5/1,000 SF |
| Zoning | B-5, Denver |
AMENITIES
- Convenience Store
- Signage
1 UNIT AVAILABLE
Unit 7/11
| Unit Size | 3,500 SF | Sale Status | Under Contract |
| Price | $2,188,000 | Cap Rate | 5.50% |
| Price Per SF | $625.14 | NOI | $120,340 |
| Condo Use | Retail | Sale Conditions | 1031 Exchange |
| Sale Type | Investment |
| Unit Size | 3,500 SF |
| Price | $2,188,000 |
| Price Per SF | $625.14 |
| Condo Use | Retail |
| Sale Type | Investment |
| Sale Status | Under Contract |
| Cap Rate | 5.50% |
| NOI | $120,340 |
| Sale Conditions | 1031 Exchange |
SALE NOTES
Lee & Associates is pleased to present for sale a single-tenant 7-Eleven retail condominium located at the signalized corner of 18th Street and Lawrence Street in the heart of downtown Denver, Colorado. The 3,500-square-foot retail condo is part of the upscale Isbell Lofts and is situated in one of the city’s most densely developed corridors, within walking distance to Union Station, Coors Field, the Dairy Block, and the 16th Street Mall. This prime infill location benefits from strong daytime traffic and residential density, with over 1,000 apartment units within a three-block radius.
Located in one of the most supply-constrained and sought-after urban markets in the country, downtown Denver combines high barriers to entry with long-term growth potential. The immediate area features a mix of luxury residential towers, office buildings, and premier amenities, drawing from Denver’s 3-million-plus metro population. With an estimated average household income exceeding $144,000 within a 3-mile radius and strong investor demand for core urban assets, this offering presents an opportunity to acquire a high-performing, credit-backed retail property in a dynamic central business district.
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1800 Lawrence St - 7-Eleven
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