Property summary
This exceptional 14,490-square-foot commercial property, located at 1505 S Federal Blvd in Denver, Colorado, presents a unique investment opportunity. Previously occupied by Walgreens, this single-tenant building offers versatile space suitable for creative office or medical office uses. Built in 2002, the property boasts 78 parking spaces, a significant advantage in a high-traffic area. The building benefits from a highly visible location at a signalized intersection with approximately 54,000 vehicles per day, ensuring excellent exposure. Access is convenient via West Florida Avenue and South Federal Boulevard. The property is zoned Suburban Commercial Corridor S-CC-3X, with permitted uses detailed in the zoning documents (page 3.4-3). Note that pharmacy use is prohibited. The master lease expires June 30, 2032, and the annual rent is $175,000 (modified gross, excluding repairs and maintenance, insurance, and utilities). The property includes prominent building and monument signage. This is an ideal opportunity for businesses seeking a well-located, spacious, and adaptable commercial space in Denver's thriving market. The property is situated in Denver County, zip code 80219.
Property profile
VerifiedCap rate & NOI
Current use
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Postal Service Courier Service
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Atm
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Bank Credit Union
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Electric Vehicle Charging Station
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Atm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning