4255 Santa Fe Dr Englewood, CO 80110
- Retail space
- 4,900 SF
- 0.73 lot acres
Current Use by Public Records
- Love Etc / Lingerie Store
Property Details for 4255 Santa Fe Dr
- Year built
- 1940
- Lot size
- 0.73 lot acres
- Property size
- 4,900 SF
- Property type
- Retail space
- APN
- 2077-04-3-09-001
- APU
- 207704309001
Description
This exceptional investment opportunity presents a 4,900-square-foot retail storefront located at 4255 S Santa Fe Dr, Sheridan, CO 80110, within Arapahoe County. The property, built in 1940, boasts a single story and sits on a 0.73-acre lot zoned BUS-1. Currently occupied at 100% capacity under a Net Lease agreement with a single tenant since 2007, the lease extends to October 30, 2027, with five-year options to extend through 2042. Rent increases by 10% with each option period. The property offers a strong net operating income (NOI) of $226,800, resulting in a 6.48% cap rate. The asking price is $3,500,000. Key features include ample parking, excellent visibility from Santa Fe Drive, and a monument sign. This stabilized investment is ideal for a 1031 exchange. The property benefits from a long-term tenant and significant upside potential through lease extensions.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Englewood
- County
- Arapahoe
- State
- Colorado
- Longitude
- -105.007
- Latitude
- 39.6394
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
