For Sale
$2,360,000

976 Dillon RdLouisville, CO 80027

6,300 SF, 3-Tenant Retail Center, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
116
Exceptional investment opportunity: a 6,300-square-foot shopping center in Louisville, Colorado, is available for purchase at $2,360,000. This single-story building boasts a strong net operating income (NOI) of $129,811, representing a 5.50% capitalization rate. The property is fully leased to three tenants: FedEx Office Print & Ship Center, Rock Barbers, and Smokers Den, with long-term leases in place, ensuring consistent cash flow. Located at 976 W Dillon Rd, 80027, this prime retail space enjoys excellent visibility along McCaslin Boulevard and easy access to Highway 36. Its strategic location benefits from proximity to the thriving Downtown Superior development and numerous surrounding shops and restaurants, capitalizing on the high traffic volume of the 36 corridor. The property offers a convenient location, just 15 minutes from Boulder and under 30 minutes from Denver, making it an attractive investment for both local and out-of-state buyers. This well-maintained property presents a rare opportunity to acquire a stable, high-performing retail asset in a desirable Colorado market. The asking price per square foot is $374.60.

Highlights

  • $2,360,000 asking price for this 6,300 square foot retail shopping center.
  • Located at 976 W Dillon Rd, Louisville, CO 80027, offering excellent visibility and access to Hwy 36.
  • Features three tenants: FedEx Office, Rock Barbers, and Smokers Den, with long-term leases in place.
  • Strong financial performance with a 5.50% cap rate and a Net Operating Income (NOI) of $129,811.
  • The property boasts a price per square foot of $374.60.

Property Details for 976 Dillon Rd

Property type
Lifestyle centers, Power centers
Square Feet
6,300 SF
Buildings
1
Stories
1
Units
3

Location Insight

City
Louisville
County
Boulder
State
Colorado
Latitude
39.959930891116
Longitude
-105.16452677292
976 Dillon Rd, Louisville, Colorado

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976 Dillon Rd
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