Retail Shopping Center
5253-5295 48th Ave Denver, CO 80212
For Sale
Contact for pricing
For sale or lease shopping center with multiple storefront spaces totaling 13,862 square feet.
Property Size13,862 SF
Price / SF$173.14
Days on Market603
Property Features for 5253-5295 48th Ave
General Information
- Standard status
- Active
- Size
- 13,862 SF
- Property subtype
- RETAIL
Listing Agency:
Retro-Commercial
(303) 427-0303
Listed By:
Manny Cereceres
Source:
Moodyscre
Added: Dec 1, 2024
Changed: Jul 25
Last Checked: Jul 26 at 2:29PM
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
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 For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $284.4k | $20.52 |
| − Vacancy | −$13.4k | −$0.96 |
| EGI | $271.1k | $19.56 |
| − OpEx | −$81.3k | −$5.87 |
| NOI | $189.8k | $13.69 |
13,862 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.71M
$2.37M – $3.16M
NOI $189,755 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.41M
$3.86M – $5.15M
NOI $308,894 @ 7.0% cap · market cap 12.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
FAQs
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 $2,400,000.
What are key features of this property?
This property features: Shopping center available for sale or lease; Multiple storefront spaces totaling 13,862 SF
