$700,000

2121 S Sheridan Boulevard

Denver CO, 80227

Description

Current cap rate at 8.47% and due to increase $500/yr. Current lease is set until 2022. Amazing opportunity to own this 5387 sqft building with ample parking. The property has excellent vehicle traffic and visibility (An average total of 34,750 vehicles pass through Sheridan/Evans per day based on a report from NARRPR in 2016). Liquor license negotiable.

Details

MLS#2889692
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1975
Days On Site423

Features

SQ Feet5,387
Story(s)1
ZoningB-3

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80227
AreaDenver
Listing VS Median (in 80227)
Price:
$700,000
low | high
Med:
$400,000
92.857142857143% of Average
SqFt:
5,387
low | high
Med:
2,522
100% of Average
$ / SqFt:
$130
low | high
Med:
$159
27.94267588082% of Average
On Site:
423
low | high
Med:
30
100% of Average
Listing Updated: 09/21/2019
MLS Number: 2889692
Listing Provided By:
Luis Silva  of  Luxe Realty Inc.
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