30403 Kings Vly Dr Conifer, CO 80433-7440

This exceptional investment opportunity presents the Kings Valley Marketplace, a two-story, 55,240-square-foot retail storefront located at 30403 Kings Valley Dr, Conifer, CO 80433. Built in 2008, this property sits on a 5.56-acre lot (APN 61-332-00-002) and boasts a current NOI of $787,814, translating to a 4.77% cap rate. A pro-forma NOI of $792,129 projects a 4.80% cap rate, reflecting significant upside potential. The property is currently 98% occupied, with the majority of substantial tenants holding leases ranging from 8 to 84 years. Recent improvements include a parking lot resurfacing exceeding $300,000. The property is zoned P-D and is situated in a thriving, affluent community with limited available space and high demand, creating a highly competitive investment environment. The property offers a long-term investment opportunity with potential for value-add strategies, such as converting leases to NNN structures and leveraging rent escalations. This presents a compelling opportunity for investors seeking strong cash flow and future appreciation in a desirable Colorado location. The asking price is $16,500,000.