2800 W Hampden Ave, Englewood, CO
Retail property zoned BUS-1 with excellent visibility and signage.
- Added:
- Sep 24, 2024
- Days on Market:
- 629
- Last Refresh:
- Apr 5 at 11:16 pm
Property Features for 2800 W Hampden Ave
General Information
- Standard status
- Active
- Size
- 4,010 SF
- Lot size
- 0.89 Acres
- Property subtype
- RETAIL
Listing agent Marc Lippitt License #ER.000183921 (303) 321-5888
Listing office Unique Properties, Inc. (303) 321-5888
Listing date Sep 24, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Unique Properties, Inc.
HighLights
- Zoned BUS‑1 allowing for a multitude of permitted uses.
- High visibility location overlooking US 285.
- Includes a lighted 50 ft sign.
- Previously operated as a marijuana dispensary.
- Located in Sheridan, Colorado.
- Opportunity to purchase.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.3k | $27.00 |
| − Vacancy | −$4.8k | −$1.19 |
| EGI | $103.5k | $25.81 |
| − OpEx | −$31.1k | −$7.74 |
| NOI | $72.5k | $18.07 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.022
- Latitude
- 39.6528
