For Sale
$2,950,000
Wadsworth Blvd & Warren Ave Lakewood, CO 80232
High-yield, single-tenant retail investment.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $2,950,000 asking price for a stabilized, Class A, single-tenant NNN retail investment.
- Les Schwab Tire is the credit-rated tenant on a 20-year absolute NNN ground lease, commencing January 6, 2023, and expiring January 5, 2043.
- The property features 9,736 square feet on a 74,925 square foot lot with 50 parking spaces, located at Wadsworth Blvd & Warren Ave, Lakewood, CO 80232.
- The property offers a 4.24% cap rate with a $125,000 NOI. Rent increases by 10% every five years (years 6, 11, and 16).
- Broker co-op is available. APN: 49-261-02-004.
Property Details for 0 Wadsworth Blvd & Warren Ave
- Property type
- Retail properties, NNN retail properties
- Square Feet
- 9,736 SF
- Class
- A
- Year Built
- 2024
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Latitude
- 39.677292699886
- Longitude
- -105.08133954875
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-yield, single-tenant retail investment.
- Where is the retail property located?
- The property is located at Wadsworth Blvd & Warren Ave Lakewood, CO.
- What is the asking price?
- The asking price for this property is $2,950,000.
- What are key features of this property?
- This property features: $2,950,000 asking price for a stabilized, Class A, single-tenant NNN retail investment.; Les Schwab Tire is the credit-rated tenant on a 20-year absolute NNN ground lease, commencing January 6, 2023, and expiring January 5, 2043.; The property features 9,736 square feet on a 74,925 square foot lot with 50 parking spaces, located at Wadsworth Blvd & Warren Ave, Lakewood, CO 80232.
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