3531 Logan StEnglewood, CO 80113

Property Details for 3531 Logan St

Year built

1986

Construction

CONCRETE BLOCKS

Lot size

0.59 AC

Property size (Sq ft)

15,600 SF

Property type

Retail properties

Property subtype

Super regional malls

APN

2077-03-1-05-026

APU

207703105026

Description

This exceptional retail opportunity is located within the bustling Safeway-anchored shopping center situated at the northwest corner of Hampden Avenue and Logan Street. The property, built in 1984, comprises a single building with eleven suites, offering excellent visibility and accessibility from two major thoroughfares. Currently, two retail spaces are available, ranging from 900 to 1,170 square feet. A fully built-out hair salon space is immediately available, representing a turnkey solution for a prospective tenant. The center boasts a strong tenant mix, including a Safeway supermarket, a UPS Store, and a Sub Center, ensuring consistent foot traffic and a vibrant shopping environment. The available spaces present a unique chance to establish a business in a well-established and high-traffic location. A total of 2,070 square feet of vacant space is currently available for lease within the eleven-suite building. This prime retail location offers unparalleled visibility and accessibility, making it an ideal opportunity for businesses seeking a thriving commercial environment. The existing tenant mix provides a synergistic and complementary retail environment, further enhancing the potential for success.

• CAP approach

  CAP return

  Valuation

  6%

  $4,920,882

  6.5%

  $4,542,352

  7%

  $4,217,898

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,247,958

  Geo Method

  $3,247,958

• Alternative Use

  Use

  Valuation

  Residential

  $3,831,644

  Hospitality

  $3,509,765

  Educational

  $2,920,084

  Medical

  $3,020,510

  Retail

  $4,542,352

Location Insight

City

Englewood

County

Arapahoe

State

Colorado

Latitude

39.6525

Longitude

-104.984

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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