707 E Jefferson Ave
Englewood, CO 80113
Retail Property For Sale

A 14,600 square foot Walgreens (formerly a Rite Aid and in process of being re-branded) locaed in the extremely dense and populous city of Engelwood, which is par of the Denver MSA. Walgreens leases the property on a 20-year absolute net lease which commenced in March of 2017, leaving over 19 years remaining on the initial lease. The lease provides rare 10% increases every 10 years throughout the term of the lease. The property is situated in one of the strongest retail sub-markets in the Denver Metro Area, and located less than seven miles south of downtown Denver. The site is located at the northwest corner of the signalized intersection of Jefferson Ave and Clarkson St, with daily traffic counts in excess of 65,000 cars per day. The property is less than one block from the Swedish Medical Center and Craig Hospital, both of which are acute care centers with a combined 461 beds. Other national retailers in the immediate area include 24 Hour Fitness, Safeway, Walmart, Ross Dress For Less, and McDonalds to name a few.