5800 44th Ave Wheat Ridge, CO 80212-7425
This exceptional Wheat Ridge retail property, located at 5800 W 44th Avenue, offers a unique investment opportunity. The 3,144 square foot building sits on a 0.65-acre lot and features a fully built-out, 1,050 square foot liquor store with a transferrable license. Built in 1958, the single-story building boasts 14 parking spaces and prominent double-sided pylon signage. The property is zoned C-1 and benefits from a high-traffic location at the signalized intersection of 44th Avenue and Fenton Street. The existing liquor store tenant has a long-term lease in place. The interior includes a large walk-in refrigerator (11 doors), three large double-door refrigerators, a counter/checkout area with register, extensive shelving, wine racks, a storage area with a wash sink, and other fixtures. This turnkey operation presents a compelling opportunity for an established or aspiring liquor store owner. The property's strong location, ample parking, and existing infrastructure make it an ideal investment. The building's current lease generates $2,820 per month in rent ($27.00 per square foot per year, plus $5.23 per square foot per year in NNN expenses). This listing is for the real estate only
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.