7575 BroadwayDenver, CO 80221
- Retail properties
- 6,200 SF
Property Details for 7575 Broadway
- Year built
- 1977
- Property size (Sq ft)
- 6,200 SF
- Property type
- Retail properties
- Property subtype
- Lifestyle centers
Description
This exceptional 6,200 square foot retail property, located at 7575 Broadway Street in Denver, Colorado's Sherrelwood neighborhood, presents a compelling investment opportunity. Currently 100% occupied by two strong tenants with a long operating history since 2011, under a triple net (NNN) lease with five years remaining. The property boasts brand new finishes and restaurant infrastructure in the larger unit, attracting a stable income stream. Situated on a 0.55-acre lot (23,958 square feet) with ample parking (30+ spaces), this asset offers convenient access to major interstates I-25 and US Route 36. Built in 1977, the property features a P-U-D zoning designation. The asking price is $1,450,000, translating to $233.87 per square foot, with a strong net operating income (NOI) of $126,780 and an attractive 8.74% cap rate. Annual property taxes are $24,000 (2024). This is a rare opportunity to acquire a high-performing retail investment in a desirable Denver location.
Location Insight
- City
- Denver
- County
- Adams
- State
- Colorado
- Latitude
- 39.8342
- Longitude
- -104.988
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].