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Tenant: Old Santa Fe Mexican Grille 592 S Mccaslin Blvd

5,128 SF Retail Building Louisville, CO 80027 £2,018,721 (£394/SF) 5% Net Initial Yield

Investment Highlights

  • Strong Demographics in 5-Mile Trade Area

Executive Summary

**PLEASE DO NOT DISTURB TENANTS**
Single Tenant NNN Investment Opportunity
Sale Price $2,580,000
Current Annual Base Rent $10,750
Annual Rent $129,000
CAP Rate 5%
Rent : 9/1/2026 To 9/1/2030 $ 134,879
CAP Rate 5.25%
Building Size (assessor's) 5128 SqFt
Lot Size 9358 SqFt
Parking 88 Spaces 88 Spaces
Year Built 1995
Parking Lot update 2020
Roof & HVAC replacement 2019
Over 25 years of established business and have a total of 3 strong business operations.?
Strong Demographics in 5-Mile Trade Area

Attachments

Flyer For Sale-- 592 S McCaslin 03-25-22
Survey 2014

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,128 SF
Building Class
B
Year Built
1995
Price
£2,018,721
Price Per SF
£394
Net Initial Yield
5%
NOI
£100,936
Tenancy
Single
Number of Floors
1
Building FAR
0.56
Land Acres
0.21 AC
Zoning
PCZD-C, Louisville
Parking
88 Spaces (5.85 Spaces per 1,000 SF Leased)
Frontage
215 ft on McCaslin Blvd

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Old Santa Fe Mexican Grill
  • Accommodation and Food Services
  • 5,128 SF
  • £1.64
  • NNN
  • Aug 2030
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Old Santa Fe Mexican Grill Accommodation and Food Services 5,128 SF £1.64 NNN Aug 2030
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Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Chase Bank
Safeway
Starbucks
KeyBank
Hummus Republic
Goldfish Swim School
Whole Foods
MOD Pizza
Bank of Montreal
IHOP

PROPERTY TAXES

Parcel Number 1575183-44-002 Improvements Assessment £250,918
Land Assessment £0 Total Assessment £374,172

PROPERTY TAXES

Parcel Number
1575183-44-002
Land Assessment
£0
Improvements Assessment
£250,918
Total Assessment
£374,172
(720) 999-4625

  • Listing ID: 25308520

  • Date on Market: 23/03/2022

  • Last Updated:

  • Address: 592 S Mccaslin Blvd, Louisville, CO 80027

The Retail Property at 592 S Mccaslin Blvd, Louisville, CO 80027 is currently available For Sale. Contact Brokers Guild Cherry Creek Ltd for more information.

Retail PROPERTIES IN NEARBY NEIGHBOURHOODS

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© 2024 CoStar Group

Tenant: Old Santa Fe Mexican Grille | 592 S Mccaslin Blvd
(720) 999-4625 x

Tenant: Old Santa Fe Mexican Grille | 592 S Mccaslin Blvd

Kim Ma

(720) 999-4625

(720) 999-4625

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