Multi-Tenant Retail
4085 Mississippi Ave, Denver, CO 80246
For Sale
New
Contact for pricing
The center is fully leased to seven occupants, including a 7-Eleven, with a separate billboard lease.
Property Size10,852 SF
Lot Size0.88 Acres
Days on Market5
Property Features for 4085 Mississippi Ave
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Tenancy
Listing Agency:
Michael Bloom Realty Company
(303) 295-2525
Listed By:
Michael Bloom · License #ER129391
(303) 295-3501
Source:
Moodyscre
Added: Nov 2
Changed: Nov 4
Last Checked: Nov 6 at 8:44AM
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 Michael Bloom Realty Company
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Investment Insights
Based on property information with market context.
This 10,852-square-foot retail center occupies a 38,300-square-foot site and is fully occupied by seven tenants. The tenant roster includes a 7-Eleven, and the property also has a billboard lease.
The property is at Mississippi Avenue and Colorado Boulevard in Denver, with I-25 and Cherry Creek Shopping Center described as minutes away.
The property is at Mississippi Avenue and Colorado Boulevard in Denver, with I-25 and Cherry Creek Shopping Center described as minutes away.
Key Highlights
- 10,852‑square‑foot retail center on a 38,300‑square‑foot site
- 100% occupancy across seven tenants
- Tenant roster includes 7‑Eleven
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$148,552
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,971,040
$3.0M
Cap Rate 7%
$2,122,171
$2.1M
Cap Rate 9%
$1,650,578
$1.7M
Market Conditions
NOI Build-Up for 10,852 SF
Gross rent
$222.7K $20.52/SF
− Vacancy
−$10.5K −$0.96/SF
EGI
$212.2K $19.56/SF
− OpEx
−$63.7K −$5.87/SF
NOI
$148.6K $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%
$2,971,040
Cap Rate 7%
$2,122,171
Cap Rate 9%
$1,650,578
Alternative Uses
Best Use
Retail
$2.12M
$1.86M – $2.48M
NOI $148,552 @ 7.0% cap · market cap 14,855,200.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.45M
$3.02M – $4.03M
NOI $241,821 @ 7.0% cap · market cap 24,182,100.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,509
Businesses Nearby
314k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Home Improvements & Furnishings 25%
Groceries 21%
Shops & Services 13%
The Home Depot
Home Improvements & Furnishings
47,152 visits/mo
0.3 miles
Whole Foods Market
Groceries
36,605 visits/mo
0.2 miles
King Soopers
Groceries
29,774 visits/mo
0.4 miles
World Market
Home Improvements & Furnishings
29,196 visits/mo
0.4 miles
Barnes & Noble
Shops & Services
28,436 visits/mo
0.1 miles
Demographics for 80246, CO
13,265
Population
8,148
Households
1.6
Avg Household Size
32
Median Age
59%
College-Educated
96%
High-School Grad
1.7 sq mi
ZIP Area
7,803
Density / Sq Mi
$66,503
Median Household Income
$47,870
Median Earnings
$1,661
Median Rent
$659,700
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?
Strip mall - The center is fully leased to seven occupants, including a 7-Eleven, with a separate billboard lease.
Where is this strip mall located?
The property is located at 4085 Mississippi Ave Denver, CO.
What are key features of this property?
This property features: 10,852‑square‑foot retail center on a 38,300‑square‑foot site; 100% occupancy across seven tenants; Tenant roster includes 7‑Eleven
