1505 Federal Blvd Denver, CO 80219
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.
-
FedEx OnSite Postal Service Courier Service
-
BMO - ATM Atm
-
Western Union Bank Credit Union
-
Electric Vehicle Charging Station Electric Vehicle Charging Station
-
Bitcoin Depot | BDCheckout Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.