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Property profile & analytics
OFF-MARKET Estimated value $1,550,000
Strip malls

1450 Santa Fe Dr Denver, CO 80223-3262

10,270 SF 0.58 ac lot Built 2006
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US13-2850131
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully occupied, two-building retail shopping center ideally located at 1450 S. Santa Fe Dr. in Denver, Colorado, 80223. The property boasts a total of 10,270 square feet across six individual units, each currently leased under a triple-net (NNN) lease agreement. Built in 2006, the single-story complex sits on a 0.58-acre lot and offers ample parking with 38 spaces. The diverse tenant mix includes a variety of established businesses, ensuring consistent income streams. Tenants currently operating within the center include a pole fitness studio, a catering company, a national credit insurance provider, a Mexican fast-food restaurant, and a tattoo parlor. The property is zoned B4 and benefits from prominent digital monument signage on Santa Fe Drive, enhancing visibility and attracting potential customers. This well-maintained property offers a strong return on investment with its 100% occupancy rate and long-term lease agreements. The property's strategic location in Denver, combined with its diverse tenant base and excellent visibility, makes it an attractive proposition for discerning investors seeking a stable and profitable retail investment. The property features two buildings and is conveniently located in Denver County.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2006
Construction WOOD
Total area 10,270 SF
Lot 0.58 ac (25,279 SF)
Zoning code B-4
APN 05223-09-045-000
UPID US13-2850131
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
  • Sankalpa Pole Fitness Gym & Fitness Center
  • Evolution Tattoo Denver Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.55M
Owner & transaction history
K & T Enterprises LLC · 3 yrs held
K & T Enterprises LLC
since 2023
7 recorded transactions
2023
Price N/A
2022
Price N/A
2021
$2.0M
2015
$1.5M
2004
$1.2M
2004
Price N/A
2000
Price N/A
Zoning & alternative use
B-4 · Denver, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

This district promotes multiple commercial uses like banking and financial services, food sales or market etc

Zone name Business District
General category COMMERCIAL
Zone area 477.13 ac
Source Realmo
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