Prime Retail Property on
For Sale
$1,395,000
5601 Leetsdale Dr, Denver, CO 80224
Exceptional retail opportunity in Denver with high visibility and accessibility.
Property Size4,030 SF
Price / SF$346.15
Days on Market187
Property Features for 5601 Leetsdale Dr
General Information
Standard status
Active
Size
4,030 SF
Property subtype
Retail / Showroom
Building Details
Year Built
1971
Listing Agency:
Unique Properties, Inc.
(303) 524-2081
Listed By:
Hudson Cramer · License #ER.000183921
(303) 524-2081
Source:
Tcnworldwide
Added: Jan 27
Changed: Jul 6
Last Checked: Aug 1 at 6:01AM
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.
Investment Insights
Based on property information with market context.
Located in Denver, 5601 Leetsdale Drive presents an opportunity for retail users or developers. The property is positioned at the intersection of a high-traffic corridor, offering visibility and accessibility. The site's location near neighborhoods, retail hubs, and major transportation routes makes it suitable for businesses. The property features showroom space and is located on a corner lot at a signalized intersection. The location has high traffic counts. The property offers the potential to utilize the existing building or redevelop up to three stories, with the ability to demise for multiple tenants. The property has frontage on Leetsdale.
Key Highlights
- Prime Denver location at the intersection of Leetsdale Dr & Holly St.
- High traffic counts and excellent visibility.
- Rare opportunity to acquire a retail property with Leetsdale frontage.
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 | $82.7k | $20.52 |
| − Vacancy | −$3.9k | −$0.96 |
| EGI | $78.8k | $19.56 |
| − OpEx | −$23.6k | −$5.87 |
| NOI | $55.2k | $13.69 |
4,030 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$788.1K
$689.6K – $919.4K
NOI $55,166 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,803 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,318
Businesses Nearby
190k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 27%
Groceries 21%
Electronics 1%
King Soopers
Groceries
40,293 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
27,413 visits/mo
0.2 miles
McDonald's
Dining
19,665 visits/mo
0.5 miles
Dollar Tree
Shops & Services
14,186 visits/mo
0.5 miles
Conoco
Shops & Services
9,360 visits/mo
0.1 miles
Demographics for 80224, CO
19,199
Population
9,200
Households
2.1
Avg Household Size
39
Median Age
59%
College-Educated
95%
High-School Grad
3.3 sq mi
ZIP Area
5,818
Density / Sq Mi
$82,013
Median Household Income
$52,821
Median Earnings
$1,636
Median Rent
$565,400
Median Home Value
Market
Vacancy Rate% for Retail in Denver, CO
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Showroom - Exceptional retail opportunity in Denver with high visibility and accessibility.
Where is this showroom located?
The property is located at 5601 Leetsdale Dr Denver, CO.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Prime Denver location at the intersection of Leetsdale Dr & Holly St.; High traffic counts and excellent visibility.; Rare opportunity to acquire a retail property with Leetsdale frontage.