7575 BroadwayDenver, CO 80221

Property Details for 7575 Broadway

Year built

1977

Property size (Sq ft)

6,200 SF

Property type

Lifestyle centers

Property subtype

Power 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

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