2650 Hampden AveEnglewood, CO 80110

Property Details for 2650 Hampden Ave

Year built

1961

Lot size

0.41 AC

Property size (Sq ft)

2,400 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity presents a fully leased 2,400 square foot storefront located at 2650 W Hampden Ave in Englewood, Colorado. The property, built in 1961, sits on a 0.407-acre lot and is zoned BUS-1. Currently occupied by a sporting goods store under a lease expiring December 31, 2026, offering a remaining lease term of approximately 2.1 years. The current Net Operating Income (NOI) is $52,408, yielding a 5.52% cap rate. A pro-forma NOI of $65,000 projects a 6.84% cap rate, indicating significant potential for increased income. The asking price is $950,000, translating to $395.83 per square foot. This prime location boasts excellent visibility due to its proximity to Highway 285, making it an attractive investment for both immediate income generation and long-term redevelopment potential. The property's strong current occupancy (100% since December 1, 2021) and the substantial remaining lease term provide immediate cash flow and stability. The Arapahoe County location and BUS-1 zoning offer flexibility for future development plans. This is a rare opportunity to acquire a well-located, income-producing retail property with significant upside potential.

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.6531

Longitude

-105.019

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].