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    1204 Bergen Pkwy Evergreen, CO 80439

    For Sale
    $4,350,000

    Evergreen, CO: Thriving Entertainment Complex

    Property size:
    23,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 23,000-square-foot retail property in Evergreen, Colorado, presents a unique investment opportunity. Located at 1204 Bergen Pkwy, Jefferson County, zip code 80439, this 2.81-acre lot houses a multifaceted entertainment venue. The complex boasts a diverse range of attractions, including bowling alleys equipped with state-of-the-art scoring systems and large projection screens, a clubhouse featuring billiards, shuffleboard, ping-pong, and arcade games, and a recently added pickleball court. A significant component is the Wild Game combined with Tequila's Family Mexican Restaurant, offering extensive food and beverage options. The flexible space is ideal for various events, from parties and banquets to conferences, catering to groups of all sizes. The property's strong financial performance is highlighted by a Net Operating Income (NOI) of $245,244 and a 5.45% capitalization rate. The asking price is $4,350,000, with annual property taxes totaling $60,263.98. This is a Modified NNN lease. The property's prime location and diverse offerings create a compelling investment prospect with significant potential for future growth and returns. A virtual tour is available online.

    Property Features for 1204 Bergen Pkwy

    General Information

    Property type
    Retail properties
    Square Feet
    23,000 SF
    Lot Size
    122,404 SF

    HighLights

    • Price: $4,350,000 (Modified NNN lease)
    • Building Size: ±23,000 square feet
    • Lot Size: ±2.81 acres
    • Annual Property Taxes: $60,263.98
    • Net Operating Income (NOI): $245,244
    • Capitalization Rate: 5.45%
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Building Supply Auto Parts Store Hotel & Motel Auto Repair Shop Electrical Service Department Store Clothing Store Bakery Smoke and Vape Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Evergreen
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.3547627
    Latitude
    39.6925404

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    FAQs

    What type of property is this?
    Retail property - Evergreen, CO: Thriving Entertainment Complex
    Where is this retail property located?
    The property is located at 1204 Bergen Pkwy Evergreen, CO.
    What is the asking price?
    The asking price for this property is $4,350,000.
    What are key features of this property?
    This property features: Price: $4,350,000 (Modified NNN lease); Building Size: ±23,000 square feet; Lot Size: ±2.81 acres
    (800) 754-0544
    Request Owner's contact information
    1204 Bergen Pkwy Evergreen, CO 80439
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    Evergreen, CO 80439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1204 Bergen Pkwy Evergreen, CO 80439
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