Retail Shopping Center
For Sale
Contact for pricing
5253-5295 48th Ave, Denver, CO 80212
For sale or lease shopping center with multiple storefront spaces totaling 13,862 square feet.
Property Size13,862 SF
Price / SF$158.71
Days on Market694
Property Features for 5253-5295 48th Ave
General Information
Standard status
Active
Size
13,862 SF
Property subtype
RETAIL
Site & Location
Neighborhood
Regis
Listing Agency:
Retro-Commercial
(303) 427-0303
Listed By:
Manny Cereceres
Source:
Moodyscre
Added: Dec 1, 2024
Changed: Oct 25
Last Checked: Oct 24 at 6:12PM
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 Retro-Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail shopping center features multiple storefront spaces and totals 13,862 square feet. Offered for sale or lease, it presents a strong owner-user opportunity or an investor-focused acquisition.
The property is located at 5253–5295 48th Ave in Denver, Colorado 80212.
The property is located at 5253–5295 48th Ave in Denver, Colorado 80212.
Key Highlights
- Shopping center available for sale or lease
- Multiple storefront spaces totaling 13,862 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$189,755
Cap Rate
8.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,795,100
$3.8M
Cap Rate 7%
$2,710,786
$2.7M
Cap Rate 9%
$2,108,389
$2.1M
Market Conditions
NOI Build-Up for 13,862 SF
Gross rent
$284.4K $20.52/SF
− Vacancy
−$13.4K −$0.96/SF
EGI
$271.1K $19.56/SF
− OpEx
−$81.3K −$5.87/SF
NOI
$189.8K $13.69/SF
Area
Denver, CO
Vacancy
4.70%
Lease Rate
$20.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,795,100
Cap Rate 7%
$2,710,786
Cap Rate 9%
$2,108,389
Alternative Uses
Best Use
Retail
$2.71M
$2.37M – $3.16M
NOI $189,755 @ 7.0% cap · market cap 8.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.41M
$3.86M – $5.15M
NOI $308,894 @ 7.0% cap · market cap 14.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
897
Businesses Nearby
47k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
dd's DISCOUNTS
Shops & Services
26,865 visits/mo
0.5 miles
Petco
Shops & Services
10,601 visits/mo
0.5 miles
Circle K
Shops & Services
9,695 visits/mo
0.4 miles
Demographics for 80212, CO
20,397
Population
10,870
Households
1.9
Avg Household Size
38
Median Age
64%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
5,666
Density / Sq Mi
$118,692
Median Household Income
$76,379
Median Earnings
$1,714
Median Rent
$705,300
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
Frequently Asked Questions
What type of property is this?
Shopping center - For sale or lease shopping center with multiple storefront spaces totaling 13,862 square feet.
Where is this shopping center located?
The property is located at 5253-5295 48th Ave Denver, CO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Shopping center available for sale or lease; Multiple storefront spaces totaling 13,862 SF
