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Walgreens Denver, CO 2400 E Midway Blvd

14,490 SF Retail Building Denver, CO 80234 £3,355,918 (£232/SF) 8.25% Net Initial Yield

Executive Summary

- Located in the very affluent Broomfield neighborhood of Denver
- Hard Corner Location, Intersection of Midway Blvd & Zuni St
- Desirable Demographics, $140,067 average HHI within 1 Mile
- Huge Population within 3 Miles of 106,125
- Extremely Limited Competition, Closest Pharmacy is 3 Miles away (Walgreens)
- Record Low Retail Vacancy rate of 4.6% in the submarket

Attachments

Denver Pharmacy OM_compressed

Data Room Click Here to Access

  • Offering Memorandum

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,490 SF
Building Class
B
Year Built
2002
Price
£3,355,918
Price Per SF
£232
Net Initial Yield
8.25%
NOI
£276,863
Tenancy
Single
Number of Floors
1
Building FAR
0.20
Land Acres
1.63 AC
Zoning
Commercial
Parking
50 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
313 ft on 128th Ave

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Signalised Intersection
  • Drive Thru
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Nearby Major Retailers

Curves
HOTWORX
Jazzercise
First Citizens Bank
Tokyo Joe's
Happy Lemon
RedLine Athletics
Vectra Bank
Caribou Coffee
Wells Fargo Home Mortgage

PROPERTY TAXES

Parcel Number 1573-32-1-22-004 Improvements Assessment £549,649
Land Assessment £194,836 Total Assessment £744,485

PROPERTY TAXES

Parcel Number
1573-32-1-22-004
Land Assessment
£194,836
Improvements Assessment
£549,649
Total Assessment
£744,485
(513) 300-0763

  • Listing ID: 31456385

  • Date on Market: 09/04/2024

  • Last Updated:

  • Address: 2400 E Midway Blvd, Denver, CO 80234

The Retail Property at 2400 E Midway Blvd, Denver, CO 80234 is currently available For Sale. Contact Bang Realty for more information.

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© 2024 CoStar Group

Walgreens Denver, CO | 2400 E Midway Blvd
(513) 300-0763 x

Walgreens Denver, CO | 2400 E Midway Blvd

Brian Brockman

(513) 300-0763

(513) 300-0763

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