4550 Wadsworth BlvdWheat Ridge, CO 80033
- Retail properties
- 8,414 SF
Property Details for 4550 Wadsworth Blvd
- Year built
- 1978
- Lot size
- 0.83 AC
- Property size (Sq ft)
- 8,414 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 39-231-10-013
- APU
- 3923110013
Description
This 15,080 square foot retail center in Wheat Ridge, Colorado, offers two available spaces at 4550 Wadsworth Boulevard. Unit A, a 1,200 square foot end-cap unit, features an open area, a private office, a private bathroom, curtain racks for creating additional private spaces, a reception desk, and ample electrical outlets. The annual rent is $19.50 per square foot, plus $7.50 per square foot in NNN expenses, totaling approximately $2,700 per month. Unit H, a 2,200 square foot garden-level space, includes an open area, four private offices (two with large windows), two private bathrooms (one ADA compliant), two entrances, a kitchenette/breakroom, a reception area, two water fountains, a washroom, and a shared foosball table in the lobby. The annual rent for Unit H is $14.20 per square foot, totaling approximately $2,600 per month (full-service gross). The property boasts a prime location near I-70, providing excellent visibility and access. The center also offers monument signage and ample parking. Current tenants include a barbershop, chicken restaurant, salon, massage spa, gift shop, tattoo parlor, and gun shop. This is a highly desirable retail location with competitive rates.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,273,041
- 6.5%
- $2,098,192
- 7%
- $1,948,321
-
Comparable approach
- Method
- Valuation
- Relative Method
- $4,314,986
- Geo Method
- $1,751,815
-
Alternative Use
- Use
- Valuation
- Residential
- $1,769,903
- Hospitality
- $1,621,222
- Educational
- $1,348,838
- Medical
- $1,395,226
- Retail
- $2,098,192
Location Insight
- City
- Wheat Ridge
- County
- Jefferson
- State
- Colorado
- Latitude
- 39.7797
- Longitude
- -105.081
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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