1735 Central StDenver, CO 80211
- Retail properties
- 4,172 SF
Property Details for 1735 Central St
- Year built
- 2021
- Property size (Sq ft)
- 4,172 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
Description
This exceptional retail investment opportunity is located at 1735 Central St, Denver, CO 80211, in the vibrant Lower Highlands neighborhood. The property, built in 2021, consists of a single building encompassing 4,172 square feet on a 14,311 square foot lot. Currently 100% occupied by two tenants, SLATE Real Estate Advisors and PureLux Beauty Bar, under NNN leases with over 4.5 years remaining. Each lease includes a 3% annual rent escalation clause and personal guarantees. The property boasts a strong NOI of $153,733, resulting in an attractive 6.45% cap rate. The asking price is $2,375,000. This stabilized investment presents a compelling opportunity for investors seeking a secure, high-performing asset in a desirable Denver location. The property offers a combination of strong tenants, long-term leases, and significant upside potential. This is a turnkey investment ready for immediate cash flow.
Location Insight
- City
- Denver
- County
- Denver
- State
- Colorado
- Latitude
- 39.7597
- Longitude
- -105.007
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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