Property summary
This exceptional investment opportunity presents a 3,550 square foot storefront located at 6465 Leetsdale Drive, Denver, Colorado 80224. The property sits on a 0.37-acre triangular island lot along the highly visible Leetsdale Drive corridor. Currently occupied by Red Carpet Car Wash and Detailing under a triple-net (NNN) lease, the property boasts 100% occupancy with a remaining lease term of approximately 4.5 years, expiring May 31, 2029. The lease commenced June 1, 2014, and has a total term of 15 years. The asking price is $2,223,877, translating to a price per square foot of $683.94. The property enjoys a strategic location near established commercial properties, including multifamily and single-family residential developments, quick-service restaurants, and educational institutions (middle and high schools). The investment offers a compelling 6.55% cap rate based on an average annual income of $145,664. This stabilized investment is ideal for buyers seeking a strong, long-term return in a prime Denver location. The property's high visibility and proximity to a diverse range of amenities make it a particularly attractive investment prospect.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
ti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
S-CC-3 · Denver, COti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
ti Unit 12 E-CC-3x Commercial Corridor 3x U-RH-2.5 Row House 2.5 S-MU-20 Multi Unit 20 E-CC-3 Commercial Corridor 3 U-RH-3A Row House 3A S-CC-3x Commercial Corridor 3x E-MX-2x Mixed Use 2x U-RX-3 Residential Mixed Use 3…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for S-CC-3 in Denver, CO.
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