5890-5892 W 44th Ave
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5890-5892 W 44th Ave
10,320 SF 50% Leased Retail Building Wheat Ridge, CO 80212 £1,893,600 (£183/SF)
Investment Highlights
- Excellent location in the high growth area of Wheat Ridge
- Close proximity to I-70 & Sheridan Blvd
Executive Summary
• Owner/User or Investor opportunity
• Investor can lease the vacancy and achieve a 7.9% cap rate or an owner/user can occupy the vacant space and be the landlord for the tenant next door
• High visibility retail property on 44th Avenue
• Excellent location in the high growth area
of Wheat Ridge
• New roof and AC unit in 2019
• Close proximity to I-70 & Sheridan Blvd
• Investor can lease the vacancy and achieve a 7.9% cap rate or an owner/user can occupy the vacant space and be the landlord for the tenant next door
• High visibility retail property on 44th Avenue
• Excellent location in the high growth area
of Wheat Ridge
• New roof and AC unit in 2019
• Close proximity to I-70 & Sheridan Blvd
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,320 SF
Building Class
C
Year Built
1973
Price
£1,893,600
Price Per SF
£183
Percent Leased
50%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.42
Land Acres
0.56 AC
Zoning
RC - Restricted Commercial District
Parking
42 Spaces (4.07 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (78)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 39-244-07-018 | Improvements Assessment | £98,800 |
Land Assessment | £67,112 | Total Assessment | £165,912 |
PROPERTY TAXES
Parcel Number
39-244-07-018
Land Assessment
£67,112
Improvements Assessment
£98,800
Total Assessment
£165,912
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5890-5892 W 44th Ave
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