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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

2650 Hampden Ave Englewood, CO 80110

2,400 SF 0.41 ac lot Built 1961
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased 2,400 square foot storefront located at 2650 W Hampden Ave in Englewood, Colorado. The property, built in 1961, sits on a 0.407-acre lot and is zoned BUS-1. Currently occupied by a sporting goods store under a lease expiring December 31, 2026, offering a remaining lease term of approximately 2.1 years. The current Net Operating Income (NOI) is $52,408, yielding a 5.52% cap rate. A pro-forma NOI of $65,000 projects a 6.84% cap rate, indicating significant potential for increased income. The asking price is $950,000, translating to $395.83 per square foot. This prime location boasts excellent visibility due to its proximity to Highway 285, making it an attractive investment for both immediate income generation and long-term redevelopment potential. The property's strong current occupancy (100% since December 1, 2021) and the substantial remaining lease term provide immediate cash flow and stability. The Arapahoe County location and BUS-1 zoning offer flexibility for future development plans. This is a rare opportunity to acquire a well-located, income-producing retail property with significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1961
Total area 2,400 SF
Lot 0.41 ac (17,729 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • The Outdoorsman's Attic (Bike/Boat/Book/etc) Store
  • Small Arms and Repair Gun Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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