Denver, CO 80224, Denver, CO 80224
Freestanding retail building with high-traffic location and redevelopment potential.
- Added:
- Jan 27, 2026
- Days on Market:
- 124
- Last Refresh:
- Apr 6 at 1:01 am
Property Features
General Information
- Standard status
- Active
- Size
- 4,913 SF
- Lot size
- 0.33 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1975
Listing agent Sam Leger License #FA100084828 (303) 512-1159
Listing office Unique Properties, Inc. (303) 512-1159
Listing date Jan 27, 2026
Source Tcnworldwide
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.
HighLights
- Prime commercial property in a high‑traffic Denver corridor off Hampden Ave.
- Home to a thriving recreational and medical marijuana business with existing licenses.
- Strong tenant presence with lease extending to December 31, 2030, and options to extend through December 2040.
- Stable income potential with 5% rent increase upon 2031 renewal and 3% annual increases thereafter.
- 4,913 SF freestanding building on a 14,178 SF lot (0.33 acres).
- Close proximity to I‑25, providing excellent accessibility.
Overview
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 | $100.8k | $20.52 |
| − Vacancy | −$4.7k | −$0.96 |
| EGI | $96.1k | $19.56 |
| − OpEx | −$28.8k | −$5.87 |
| NOI | $67.3k | $13.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Denver
- County
- Arapahoe
- State
- Colorado
- Longitude
- -104.909
- Latitude
- 39.6539