901 Sherman StDenver, CO 80203

Property Details for 901 Sherman St

Year built

1953

Construction

STEEL FRAME

Lot size

1.21 AC

Property size (Sq ft)

284,559 SF

Zone code

D-GT

Property type

Strip malls

Property subtype

Neighborhood centers

APN

05038-12-017-000

APU

503812017000

Description

This exceptional retail opportunity is located in Denver's coveted Golden Triangle, at the high-traffic intersection of 9th and Lincoln. The property offers flexible space, with one available unit ranging from 2,570 to 5,000 square feet, perfect for a variety of retail uses. The space is an end cap, providing excellent visibility and signage opportunities for maximum brand exposure. This location boasts a high daytime population, with a remarkable 74,768 employees within a one-mile radius, ensuring a consistent flow of potential customers. The surrounding area is densely populated with residential neighborhoods, creating a strong local customer base. The property is ideally suited for businesses seeking a prominent location with high foot traffic and excellent visibility in a thriving Denver neighborhood. This is a rare chance to secure a retail space in a highly desirable area with significant potential for growth and success. The space is currently available for lease, offering a unique opportunity to establish a strong presence in a vibrant and dynamic commercial district. The flexible square footage allows for customization to meet specific business needs. Don't miss this chance to secure a prime retail location in the heart of Denver. Contact us today to schedule a viewing and learn more about this exceptional opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $72,732,200

  6.5%

  $67,137,400

  7%

  $62,341,900

• Comparable approach

  Method

  Valuation

  Relative Method

  $24,450,700

  Geo Method

  $24,450,700

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $134,110,000

  Mixed-Use / Specialty

  $65,611,000

  Hospitality / Lodging

  $46,460,900

  Office

  $63,880,600

  Institutional / Educational

  $67,748,900

  Residential Income

  $79,266,300

  Multifamily

  $102,203,000

  Automotive / Energy

  $58,070,500

  Parking / Income-Based Land

  $21,311,100

  Restaurant / Food Service

  $31,377,900

  Healthcare / Senior Housing

  $68,602,700

Location Insight

City

Denver

County

Denver

State

Colorado

Latitude

39.7308

Longitude

-104.986

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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