Property profile

8002 Chase Dr Arvada, CO 80003

OFF-MARKET
Retail space
Property ID
US13-0762804
4,350 SF 0.5 ac lot Built 1976
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Class A, 6,962 square foot retail investment opportunity is anchored by a 7-Eleven, boasting a 15.1-year remaining lease term (expiring 12/31/2039) with corporate guarantees and rent bumps. The property, situated on a 0.65-acre lot at 8002 Chase Dr, Arvada, CO 80003, features a strong tenant mix including 76 Gas, Arco Gas Station, BP Gas Station, and Mobil Gas Station. Built in 1976 and renovated in 2023, this multi-tenant strip center generates a substantial Net Operating Income (NOI) of $214,601, resulting in a compelling 6.25% cap rate. The asking price is $3,435,000. Located in a densely populated and affluent Denver suburb with an average household income exceeding $99,000 and over 332,000 residents within a 5-mile radius, the property benefits from high visibility due to its signalized hard corner location and proximity to major traffic arteries and numerous national retailers including Target, Safeway, Walmart, and more. 7-Eleven, a Fortune 500 company with an "A" S&P credit rating, has occupied the space for over 45 years, demonstrating exceptional tenant stability. This investment presents a rare opportunity to acquire a well-positioned, high-performing retail asset with significant long-term growth potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction STEEL FRAME
Total area 4,350 SF
Lot 0.5 ac (21,989 SF)
APN 29-254-14-013
UPID US13-0762804

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
  • Courier Service Postal Service
  • Bank Credit Union
  • Grocery & Convenience Store
  • Atm

Location

8002 Chase Dr Arvada, CO 80003-1806
Arvada metro Census 9832 DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.29M
Blend (final) Blend
$2.18M

Owner & transaction history

since 2022
Last sale
$1.7M
3 recorded transactions
2025
Price N/A
2023
Price N/A
2022
$1.7M

Zoning & alternative use

Top alternative use upside
Commercial (general) $2.1M +21.1%
Auto repair, garage $2.1M +20.6%
Neighborhood: shopping center $2.0M +14.6%

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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