6465 Leetsdale Dr Denver, CO 80224-1225
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.
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Red Carpet Car Wash and Detailing Car Wash
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
S-CC-3 · Denver, CODenver. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.