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Absolute NNN Drug Store
For Sale
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Pending

1505 S Federal Blvd, Denver, CO 80219

Corporate lease structure provides absolute NNN terms with zero landlord responsibilities.

Property Size14,490 SF
Days on Market140

Property Features for 1505 S Federal Blvd

General Information

Standard status Pending
Size 14,490 SF
Property subtype Retail

Additional Details

Traffic Count 53,940 vehicles/day

Building Details

Buildings 1
Tenancy Single
Listing Agency: Syndicated Equities
Listed By: Katie Donovan · License #IL 475.207775
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 4:02PM

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 Syndicated Equities

Investment Insights

Based on property information with market context.

This single-tenant Walgreens property contains approximately 14,490 square feet and is leased under an absolute NNN structure, with no landlord responsibilities. An early lease extension now runs through 6/30/2032 and includes ten 5-year renewal options.

The building occupies the signalized intersection of South Federal Boulevard and West Florida Avenue, approximately 6 miles southwest of Denver’s Central Business District. The intersection records 53,940 cars per day, while the surrounding five-mile area includes more than 483,000 residents. Nearby national retailers include Walmart, King Soopers, Save A Lot, 7-Eleven, AutoZone, O’Reilly Auto Parts, McDonald’s, Wendy’s, Burger King, Chase Bank, Taco Bell, and Jiffy Lube.

Key Highlights

  • Walgreens single‑tenant building totaling approximately 14,490 square feet
  • Absolute NNN lease with zero landlord responsibilities
  • Lease extended through 6/30/2032 with ten 5‑year options

Property Analytics

Current Use

FedEx OnSite Postal Service BMO - ATM Atm Western Union Bank Electric Vehicle Charging ... Electric Vehicle Charging Station Bitcoin Depot | BDCheckout Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage Building Supply Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

53,940 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

722
Businesses Nearby
124k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 47% Dining 34% Shops & Services 18% Electronics 1%
McDonald's Dining
36,441 visits/mo 0.4 miles
Save-A-Lot Groceries
29,828 visits/mo 0.5 miles
Lowe's Market Groceries
29,015 visits/mo 0.4 miles
Conoco Shops & Services
8,165 visits/mo 0.2 miles
7-Eleven Shops & Services
6,991 visits/mo 0.2 miles

Demographics for 80219, CO

61,585
Population
21,729
Households
2.8
Avg Household Size
33
Median Age
22%
College-Educated
72%
High-School Grad
7.4 sq mi
ZIP Area
8,322
Density / Sq Mi
$67,325
Median Household Income
$41,153
Median Earnings
$1,464
Median Rent
$426,200
Median Home Value

Market

Vacancy Rate% for Retail in Denver, CO

6.7% 2019
7.4% 2020
6.5% 2021
5.4% 2022
5.2% 2023
4.8% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Walmart Pharmacy 2770 W Evans Ave, Denver, CO 80219
  • Jade Le 2770 W Evans Ave, Denver, CO 802195575
  • Jacob Keevan 2770 W Evans Ave, Denver, CO 802195575
  • Herbalife Jewell Nutrition 1930 S Federal Blvd # B, Denver, CO 80219
  • King Soopers Pharmacy 2727 W Evans Ave, Denver, CO 80219

Frequently Asked Questions

What type of property is this?
Drug store - Corporate lease structure provides absolute NNN terms with zero landlord responsibilities.
Where is this drug store located?
The property is located at 1505 S Federal Blvd Denver, CO.
What are key features of this property?
This property features: Walgreens single‑tenant building totaling approximately 14,490 square feet; Absolute NNN lease with zero landlord responsibilities; Lease extended through 6/30/2032 with ten 5‑year options
More about this property
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