3960 Federal Blvd Englewood, CO 80110
- Drive through restaurants
- 1,292 SF
- 0.38 lot acres
Current Use by Public Records
- El Camaron Loco / Mexican Restaurant
Property Details for 3960 Federal Blvd
- Year built
- 1970
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.38 lot acres
- Property size
- 1,292 SF
- Property type
- Drive through restaurants
- APN
- 2077-05-4-01-018
- APU
- 207705401018
Description
This exceptional 1,292 square foot free-standing retail building is ideally situated on South Federal Boulevard in Englewood, Colorado. Currently operating as a fully leased restaurant, this property presents a compelling investment opportunity. The building boasts a desirable one-story design with two bathrooms, providing ample space for both customer and staff needs. A significant advantage is the existing drive-thru, a highly sought-after feature that enhances convenience and efficiency. The property also includes a prominent monument sign, ensuring excellent visibility and brand recognition for the tenant. Ample parking is provided with 30 spaces and two convenient curb cuts for easy access. The interior has been fully remodeled by the current tenant, reflecting a commitment to modern aesthetics and functionality. The current lease is a 5-year NNN lease with 4.5 years remaining, providing immediate and consistent cash flow. The building's location on Federal Boulevard guarantees exceptional street exposure, maximizing the potential to attract a large customer base. A detailed list of furniture, fixtures, and equipment (FF&E) is available upon request. This turnkey operation offers a rare chance to acquire a highly desirable, income-producing property in a prime location. Don't miss this opportunity to secure a valuable asset with strong long-term potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $720,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $630,000
- 6.5%
- $620,000
- 7%
- $750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $710,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $830,000
- Retail
- $620,000
- Mixed-Use
- $605,000
- Hospitality
- $775,000
- Educational
- $835,000
- Residential Income
- $790,000
- Energy
- $630,000
- Income-Based Land
- $785,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.025
- Latitude
- 39.6442
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA