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5440 W 44th Ave 3,614 SF Retail Building Denver, CO 80212 $2,400,000 ($664.08/SF) 7% Cap Rate
Investment Highlights
- Fully leased NNN investment generating $168,000 in annual contractual income.
- Located between Denver and Wheat Ridge near I-70 and Sheridan Boulevard.
- Seller-controlled neighboring parcels may support future assemblage opportunities.
- Signalized corner location with approximately 125 feet of frontage on W. 44th Avenue.
- Capital improvements include roof, HVAC, electrical, lighting, asphalt, and security upgrades.
- Anticipated MX-C zoning may expand future development flexibility.
Executive Summary
5440 W. 44th Avenue offers a compelling opportunity to acquire a fully leased, single-tenant NNN investment combining stable in-place income with significant long-term redevelopment potential in one of Northwest Denver's fastest-evolving commercial corridors.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,614 SF
Building Class
B
Year Built/Renovated
1978/2015
Price
$2,400,000
Price Per SF
$664.08
Cap Rate
7%
NOI
$168,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.30 AC
Zoning
C-1 - Intended to serve nearby residential areas with small-scale retail, service, and office uses
Parking
12 Spaces (2.26 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Corner Lot
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 39-244-03-020 | Improvements Assessment | $181,745 |
| Land Assessment | $65,391 | Total Assessment | $247,136 |
Property Taxes
Parcel Number
39-244-03-020
Land Assessment
$65,391
Improvements Assessment
$181,745
Total Assessment
$247,136
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5440 W 44th Ave