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1101-1115 Pearl St Denver, CO 80210

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For Sale
$2,785,000

Fully occupied retail property with below-market rents and strong tenant commitment.

Property size:
6,876 SF
Lot size:
0.31 Acres

Property Features for 1101-1115 Pearl St

General Information

Size
6,876 SF
Lot size
0.31 Acres

Source: Blue West Capital, LLC Agent Josh Lorenzen

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Property on Pearl Street

This retail property is 100% occupied with a weighted average lease term of 3.92 years. The property's gross leasable area (GLA) is 92% leased below market rent, and 70% of the GLA is on gross leases. The retail vacancy within the South Pearl Street corridor is 0.8%. Multiple tenants have renewed their leases, demonstrating commitment to the site. One tenant, Pub on Pearl, has an effective rent rate of $15.59 per square foot. The property contains 6,876 square feet and is located on Pearl Street in Denver, CO.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.980703
Latitude
39.696363

FAQs

What type of property is this?
Strip mall - Fully occupied retail property with below-market rents and strong tenant commitment.
Where is this strip mall located?
The property is located at 1101-1115 Pearl St Denver, CO.
What is the asking price?
The asking price for this property is $2,785,000.
What are key features of this property?
This property features: - 100% occupied, offering immediate income.; - 92% of GLA has below market rent, presenting significant upside potential.; - 70% of GLA is on gross leases.
More about this property
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