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845 Lincoln St 6,205 SF Retail Building Denver, CO 80203 $3,370,000 ($543.11/SF) 7% Cap Rate
Investment Highlights
- Beautifully finished retail/showroom building on high-traffic Broadway/Lincoln corridor
- Evo to sign lease-back at closing
- Owned/occupied by Evo - national retailer of mountain sports equipment
Executive Summary
Beautifully finished retail/showroom building
Clear span, exposed bow truss and brick construction
100% occupied by Evo - national retailer of mountain sports equipment (www.evo.com)
Evo to sign a lease at closing
Highly accessible location with excellent visibility on high-traffic commercial corridor
31,000 apartment units within 1-mile radius of property
47,000 population within 1-mile radius of property
Clear span, exposed bow truss and brick construction
100% occupied by Evo - national retailer of mountain sports equipment (www.evo.com)
Evo to sign a lease at closing
Highly accessible location with excellent visibility on high-traffic commercial corridor
31,000 apartment units within 1-mile radius of property
47,000 population within 1-mile radius of property
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,205 SF
Building Class
C
Year Built/Renovated
1957/2022
Price
$3,370,000
Price Per SF
$543.11
Cap Rate
7%
NOI
$235,900
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.14 AC
Zoning
D-GT
Parking
3 Spaces (0.48 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score®
Walker's Paradise (97)
Bike Score®
Biker's Paradise (94)
Nearby Major Retailers
Property Taxes
| Parcel Number | 5038-26-016 | Improvements Assessment | $294,840 |
| Land Assessment | $294,840 | Total Assessment | $405,240 |
Property Taxes
Parcel Number
5038-26-016
Land Assessment
$294,840
Improvements Assessment
$294,840
Total Assessment
$405,240
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845 Lincoln St
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