Denver Corner Retail For
For Sale
$1,700,000
2299 West Alameda Avenue, Denver, CO 80223
Retail property at the corner of West Alameda and South Yuma.
Property Size3,651 SF
Price / SF$465.63
Days on Market378
Property Features for 2299 West Alameda Avenue
General Information
Standard status
Active
Size
3,651 SF
Property subtype
Shopping Center / Retail
Net Operating Income
$63,250
Building Details
Building Size
3,651 SF
Listing Agency:
RE/MAX
Listed By:
Doug Jennings · License #FA40024706
(303) 420-4232
Source:
Remaxcommercial
Added: Sep 25, 2025
Changed: Oct 5
Last Checked: Oct 7 at 8:29AM
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 RE/MAX
Investment Insights
Based on property information with market context.
Located at the corner of West Alameda and South Yuma in Denver, Colorado (zip code 80223), this property is available for sale. The property is a single-tenant building occupied by a national tenant, 7-Eleven, with 2590 square feet of space. The lease expires on April 30, 2027. The property size is 3651 square feet. The effective gross cash flow is $63250, with a scheduled income of $63250 and a net operating income of $63250. Environmental due diligence, including a Phase I & II study, may be required as part of the negotiation process.
Key Highlights
- Located at the corner of West Alameda and South Yuma in Denver, Colorado (80223 zip code).
- Single‑tenant property.
- Leased to a national tenant: 7‑Eleven.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,548
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,070,960
$1.1M
Cap Rate 7%
$764,971
$765.0K
Cap Rate 9%
$594,978
$595.0K
Market Conditions
NOI Build-Up for 3,651 SF
Gross rent
$74.9K $20.52/SF
− Vacancy
−$3.5K −$0.96/SF
EGI
$71.4K $19.56/SF
− OpEx
−$17.8K −$4.89/SF
NOI
$53.5K $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%
$1,070,960
Cap Rate 7%
$764,971
Cap Rate 9%
$594,978
Alternative Uses
Best Use
Specialty Retail
$765.0K
$669.4K – $892.5K
NOI $53,548 @ 7.0% cap · market cap 3.15%
Second Best
Retail
$714.0K
$624.7K – $833.0K
NOI $49,978 @ 7.0% cap · market cap 2.94%
Theoretical Best
Office A
$1.16M
$1.02M – $1.36M
NOI $81,357 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,313
Businesses Nearby
60k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 98%
Shops & Services 2%
Whole Foods Market
Groceries
59,011 visits/mo
0.5 miles
Fidelity Investments
Shops & Services
1,101 visits/mo
0.5 miles
Demographics for 80223, CO
19,862
Population
9,532
Households
2.1
Avg Household Size
34
Median Age
46%
College-Educated
87%
High-School Grad
5.3 sq mi
ZIP Area
3,748
Density / Sq Mi
$80,461
Median Household Income
$50,567
Median Earnings
$1,650
Median Rent
$497,900
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?
Shopping center - Retail property at the corner of West Alameda and South Yuma.
Where is this shopping center located?
The property is located at 2299 West Alameda Avenue Denver, CO.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Located at the corner of West Alameda and South Yuma in Denver, Colorado (80223 zip code).; Single‑tenant property.; Leased to a national tenant: **7‑Eleven**.
