Property profile

6465 Leetsdale Dr Denver, CO 80224

OFF-MARKET
Car washes
Property ID
US13-2612572
4,805 SF 0.37 ac lot Built 1987
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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

Verified
Property type Car washes
Use group CAR WASH - AUTOMATED
Year built 1987
Construction WOOD
Total area 4,805 SF
Lot 0.37 ac (16,052 SF)
Zoning code S-CC-3
APN 06173-01-035-000
UPID US13-2612572

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Wash

Location

6465 Leetsdale Dr Denver, CO 80224-1225
Denver metro Census 5001 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.47M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.40M

Owner & transaction history

since 2022
Last sale
$1.5M
7 recorded transactions
2022
Price N/A
2022
$1.5M
2014
Price N/A
2014
$678,532
2008
$1.7M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

S-CC-3 · Denver, CO
Zoning description

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…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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