Denver Retail Building For
For Sale
Contact for pricing
Pending
10175 E Hampden Ave, Denver, CO 80231
Retail building with full kitchen and high occupancy capacity.
Property Size11,329 SF
Days on Market778
Property Features for 10175 E Hampden Ave
General Information
Standard status
Pending
Size
11,329 SF
Class
B
Total Parking Spaces
200
Property subtype
Retail
Zoning
S-MX-3A Denver
Investment Type
Owner/User
Building Details
Year Built
1980
Year Renovated
2014
Stories
1
Tenancy
Single
Listing Agency:
Fuller Real Estate
Listed By:
Travis Wanger · License #FA100085277
(303) 881-1061
Source:
Crexi
Added: Aug 29, 2024
Changed: Sep 26
Last Checked: Oct 12 at 5:24PM
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 Fuller Real Estate
Investment Insights
Based on property information with market context.
This retail building, a fixture of southeast Denver since 1980, is located at the corner where East Hampden Avenue turns into South Havana Street, near the Kennedy Golf Course. The property, previously operated as an event center, restaurant, and nightclub, includes a full kitchen, walk-in freezers, and two bars. It has a capacity for up to 681 occupants. The property has approximately 300 feet of frontage on Hampden Avenue and ample parking. Several updates and replacements have been completed over the past years, including the roof, gutters, HVAC system, much of the plumbing, a full electrical update, remodeled restrooms, and interior renovations. There is currently a liquor license and an adult day care license in place that could be assumed by the new buyer. The property is suitable for retail, restaurants, wedding venues, specialty properties, day care centers, and other commercial real estate uses.
Key Highlights
- High‑visibility location with approximately 300' frontage on E. Hampden Avenue.
- High occupancy capacity (up to 681 occupants).
- Includes a full kitchen, walk‑in freezers, and two bars.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,159
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,323,180
$3.3M
Cap Rate 7%
$2,373,700
$2.4M
Cap Rate 9%
$1,846,211
$1.8M
Market Conditions
NOI Build-Up for 11,329 SF
Gross rent
$232.5K $20.52/SF
− Vacancy
−$10.9K −$0.96/SF
EGI
$221.5K $19.56/SF
− OpEx
−$55.4K −$4.89/SF
NOI
$166.2K $14.67/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,323,180
Cap Rate 7%
$2,373,700
Cap Rate 9%
$1,846,211
Alternative Uses
Best Use
Specialty Retail
$2.37M
$2.08M – $2.77M
NOI $166,159 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$2.22M
$1.94M – $2.58M
NOI $155,081 @ 7.0% cap · market cap 5.74%
Theoretical Best
Office A
$3.61M
$3.16M – $4.21M
NOI $252,450 @ 7.0% cap · market cap 9.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,365
Businesses Nearby
36k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Shops & Services 35%
Electronics 14%
Starbucks
Dining
9,318 visits/mo
0.3 miles
Conoco
Shops & Services
7,617 visits/mo
0.5 miles
Panda Express
Dining
6,141 visits/mo
0.5 miles
AT&T
Electronics
5,047 visits/mo
0.5 miles
7-Eleven
Shops & Services
4,984 visits/mo
0.2 miles
Demographics for 80231, CO
36,014
Population
18,252
Households
2
Avg Household Size
35
Median Age
50%
College-Educated
94%
High-School Grad
4.9 sq mi
ZIP Area
7,350
Density / Sq Mi
$73,961
Median Household Income
$48,062
Median Earnings
$1,727
Median Rent
$489,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Denver, CO
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Frequently Asked Questions
What type of property is this?
Retail space - Retail building with full kitchen and high occupancy capacity.
Where is this retail space located?
The property is located at 10175 E Hampden Ave Denver, CO.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: High‑visibility location with approximately 300' frontage on E. Hampden Avenue.; High occupancy capacity (up to 681 occupants).; Includes a full kitchen, walk‑in freezers, and two bars.
