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5445 W Evans Ave 21,700 SF 100% Leased Retail Building Denver, CO 80227 $2,500,000 ($115.21/SF) 7.01% Cap Rate
Investment Highlights
- Fully leased to a stable and complementary mix of three tenants.
- Situated on a large 1.3-acre lot, offering long-term land value.
- Significant recent capital improvements, including a full roof replacement.
- Strong frontage and visibility on W Evans Ave, a key central Denver corridor.
Executive Summary
5445 W Evans Ave in Denver is a 21,700-square-foot multi-tenant property situated on a large 1.3-acre lot with direct frontage along W Evans Ave just west of Sheridan. The asset is currently leased to three complementary operators - a greenhouse/landscaping business, a concrete logistics company, and an interior landscaping company - creating a cohesive environment where each tenant's use supports the others. The property has seen meaningful recent upgrades, including a full roof replacement across the entire building and greenhouse. With Its sizable lot, stable tenant mix, strong frontage, and long-term land value potential, this property serves as a compelling investment opportunity in a central Denver corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Garden Center
Building Size
21,700 SF
Building Class
C
Year Built
1985
Price
$2,500,000
Price Per SF
$115.21
Cap Rate
7.01%
NOI
$175,308
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.38
Lot Size
1.30 AC
Zoning
S-CC-3X
Parking
11 Spaces (0.51 Spaces per 1,000 SF Leased)
Frontage
256’ on Evans Ave
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bloom & Flourish
- Construction
-
99,999 SF
-
$9.99
- -
- -
- Rebel Farms
- Agriculture, Forestry, Fishing and Hunting
-
99,999 SF
-
$9.99
- -
- -
- Titan Logistics
- Construction
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bloom & Flourish | Construction | 99,999 SF | $9.99 | - | - | |
| Rebel Farms | Agriculture, Forestry, Fishing and Hunting | 99,999 SF | $9.99 | - | - | |
| Titan Logistics | Construction | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 4251-00-056 | Improvements Assessment | $104,070 |
| Land Assessment | $307,350 | Total Assessment | $411,420 |
Property Taxes
Parcel Number
4251-00-056
Land Assessment
$307,350
Improvements Assessment
$104,070
Total Assessment
$411,420
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5445 W Evans Ave
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