4260 E Alameda Ave
Denver, CO 80246
Payless ShoeSource · Retail Property For Sale
Property Facts
About 4260 E ALAMEDA AVE , DENVER, CO 80246
This single tenant net leased value-add retail property offers the astute investor an absolute triple net lease, strong corporate guaranty, and huge rental rate upside. Basically you want Payless ShoeSource's lease to expire so you can double the in-place rental rate. At market rent the seven year pro-forma CAP Rate is 9.16%! This unique opportunity sits within a very successful SuperTarget anchored power center with very little in-line retail shop space competition. The Glendale SuperTarget Power Center is located on two of Denver's busiest traffic corridors with incredible automotive and pedestrian traffic. This irreplaceable infill location is one of a kind and is minutes away from Cherry Creek, Hilltop, Belcaro, Cory-Merrill, Washington Park, and many other affluent Denver neighborhoods.
Property Taxes
| Parcel Number | 1973-18-2-11-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $425,750 |
Property Taxes
