100 120Th AveNorthglenn, CO 80233

  • Retail properties
  • 6,346 SF
For Sale

Property Details for 100 120Th Ave

Year built
2013
Lot size
1.61 AC
Property size (Sq ft)
6,346 SF
Property type
Retail properties
Property subtype
Turn key restaurants
APN
R0181758
APU
R0181758

Description

This exceptional 5,157 square foot free-standing retail or restaurant building is located at 100 E. 120th Avenue in Northglenn, Colorado, within Adams County (zip code 80233). The property is currently operating as a single-tenant establishment and offers a turnkey opportunity for sale or lease. The building boasts nearly new fixtures, furniture, and equipment (FF&E), included in the sale or lease. This prime location benefits from a dense residential population and significant daytime traffic. The property enjoys excellent visibility and is situated amongst a vibrant mix of established businesses, including Parry's Pizza, Panera Bread, Longhorn Steakhouse, Bad Daddy's Burger Bar, and Cafe Rio, ensuring high foot traffic and strong consumer presence. The property is currently occupied, therefore, please do not disturb the tenant. Contact us for pricing and further details on this exceptional investment opportunity. This is a single-tenant property in a high-demand area, making it an ideal investment for a savvy buyer or tenant seeking a thriving business location. The property's size and location make it suitable for a variety of restaurant or retail concepts.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,228,839
    6.5%
    $2,057,390
    7%
    $1,910,433
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,199,284
    Geo Method
    $1,321,252
  • Alternative Use

    Use
    Valuation
    Residential
    $1,735,485
    Hospitality
    $1,589,695
    Educational
    $1,322,608
    Medical
    $1,368,094
    Retail
    $2,057,390
100 120Th Ave, Northglenn, Colorado

Location Insight

City
Northglenn
County
Adams
State
Colorado
Latitude
39.9135
Longitude
-104.987
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$65,598
$468,490
$50,890
$519,380
-
$1,679,186
$182,404
$1,861,590

FAQs

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