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    1450 Santa Fe Dr Denver, CO 80223

    For Sale
    $2,800,000

    Denver Shopping Center - 100% Occupied

    Property size:
    10,270 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a fully occupied, two-building retail shopping center ideally located at 1450 S. Santa Fe Dr. in Denver, Colorado, 80223. The property boasts a total of 10,270 square feet across six individual units, each currently leased under a triple-net (NNN) lease agreement. Built in 2006, the single-story complex sits on a 0.58-acre lot and offers ample parking with 38 spaces. The diverse tenant mix includes a variety of established businesses, ensuring consistent income streams. Tenants currently operating within the center include a pole fitness studio, a catering company, a national credit insurance provider, a Mexican fast-food restaurant, and a tattoo parlor. The property is zoned B4 and benefits from prominent digital monument signage on Santa Fe Drive, enhancing visibility and attracting potential customers. This well-maintained property offers a strong return on investment with its 100% occupancy rate and long-term lease agreements. The property's strategic location in Denver, combined with its diverse tenant base and excellent visibility, makes it an attractive proposition for discerning investors seeking a stable and profitable retail investment. The property features two buildings and is conveniently located in Denver County.

    Property Features for 1450 Santa Fe Dr

    General Information

    Property type
    Lifestyle centers
    Square Feet
    10,270 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    2006
    Buildings
    2
    Stories
    1
    Units
    6

    HighLights

    • Fully occupied, two‑building retail center totaling 10,270 square feet on a 0.58‑acre lot in Denver, CO.
    • Six individual units, each with a triple‑net (NNN) lease.
    • Built in 2006, with 38 parking spaces.
    • Diverse tenant mix including established businesses, ensuring consistent income.
    • Prominent location on Santa Fe Drive with digital monument signage.
    • 100% occupancy with long‑term leases, offering a strong ROI.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Sankalpa Pole Fitness Fitness Center Evolution Tattoo Denver Tattoo Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Denver
    County
    Denver
    State
    Colorado
    Longitude
    -104.9918723
    Latitude
    39.6903825

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    FAQs

    What type of property is this?
    Lifestyle center - Denver Shopping Center - 100% Occupied
    Where is this lifestyle center located?
    The property is located at 1450 Santa Fe Dr Denver, CO.
    What is the asking price?
    The asking price for this property is $2,800,000.
    What are key features of this property?
    This property features: Fully occupied, two-building retail center totaling 10,270 square feet on a 0.58-acre lot in Denver, CO.; Six individual units, each with a triple-net (NNN) lease.; Built in 2006, with 38 parking spaces.
    Request Owner's contact information
    1450 Santa Fe Dr Denver, CO 80223
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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
    1450 Santa Fe Dr Denver, CO 80223
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