Prime Retail Property on
5601 Leetsdale Dr Denver, CO 80224
5601 Leetsdale Dr, Denver, CO, 80224
$1,395,000
For Sale
$1,395,000
Exceptional retail opportunity in Denver with high visibility and accessibility.
Property Size4,030 SF
Price / SF$346.15
Days on Market171
Property Features for 5601 Leetsdale Dr
General Information
- Standard status
- Active
- Size
- 4,030 SF
- Property subtype
- Retail / Showroom
Building Details
- Year Built
- 1971
Listing Agency
Unique Properties, Inc.
(303) 524-2081
Listed by
Hudson Cramer · License #ER.000183921
(303) 524-2081
Source
Tcnworldwide
Added: Jan 27 Checked: Jul 17 at 6:12 am
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 Unique Properties, Inc.
Investment Insights
Based on property information with market context.
Located in Denver, 5601 Leetsdale Drive presents an opportunity for retail users or developers. The property is positioned at the intersection of a high-traffic corridor, offering visibility and accessibility. The site's location near neighborhoods, retail hubs, and major transportation routes makes it suitable for businesses. The property features showroom space and is located on a corner lot at a signalized intersection. The location has high traffic counts. The property offers the potential to utilize the existing building or redevelop up to three stories, with the ability to demise for multiple tenants. The property has frontage on Leetsdale.
Key Highlights
- Prime Denver location at the intersection of Leetsdale Dr & Holly St.
- High traffic counts and excellent visibility.
- Rare opportunity to acquire a retail property with Leetsdale frontage.
Local 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 | $82.7k | $20.52 |
| − Vacancy | −$3.9k | −$0.96 |
| EGI | $78.8k | $19.56 |
| − OpEx | −$23.6k | −$5.87 |
| NOI | $55.2k | $13.69 |
4,030 SF · lease $20.52/SF/yr · vacancy 4.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$788.1K
$689.6K – $919.4K
NOI $55,166 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.50M
NOI $89,803 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Showrooms
Similar For Sale Nearby
Similar Off Market Nearby
- Wilson Carpet store — 1311 s glencoe st, denver, co 80222
- Rock Solid Creations Custom Stone & Tile — 779 S Hudson St, Denver, CO 80246
- Superior Home Remodeling, LLC — 6436 E Mississippi Ave, Denver, CO 80224
- Benjamin's Carpet and Air Duct Cleaning — 677 S Grape St, Denver, CO 80246
- Aristocraft Counter & Floor — 6805 Leetsdale Dr, Denver, CO 80224
FAQs
What type of property is this?
Showroom - Exceptional retail opportunity in Denver with high visibility and accessibility.
Where is this showroom located?
The property is located at 5601 Leetsdale Dr Denver, CO.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Prime Denver location at the intersection of Leetsdale Dr & Holly St.; High traffic counts and excellent visibility.; Rare opportunity to acquire a retail property with Leetsdale frontage.