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5702-5704 E Colfax Ave 4,471 SF 100% Leased Retail Building Denver, CO 80220 $750,000 ($167.75/SF)
Investment Highlights
- New 5-year Lease, $4,500/mo Base Rent (CONTACT BROKER).
- U-MS-3 zoning allows a main-street mix of uses such as retail, restaurant, office/professional services, and mixed-use residential.
- High-visibility East Colfax frontage with strong access to surrounding infill neighborhoods and established retail/services. In Enterprise Zone.
- Tenant responsible for utilities and substantially all property maintenance and repairs
Executive Summary
The Denver Infill Specialists of Unique Properties are pleased to present 5702 E Colfax Avenue, a fully leased retail investment along Denver’s East Colfax corridor. The 4,471 SF property is subject to a new five-year lease with $4,500 per month in initial base rent, 3% annual increases, and two five-year renewal options. The tenant is responsible for utilities and substantially all maintenance and repairs.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,471 SF
Building Class
C
Year Built
1953
Price
$750,000
Price Per SF
$167.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.87
Lot Size
0.12 AC
Zoning
U-MS-3
Parking
7 Spaces (1.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6052-08-001 | Improvements Assessment | $83,540 |
| Land Assessment | $83,540 | Total Assessment | $201,690 |
Property Taxes
Parcel Number
6052-08-001
Land Assessment
$83,540
Improvements Assessment
$83,540
Total Assessment
$201,690
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5702-5704 E Colfax Ave
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