9001 104Th Ave Commerce City, CO 80640
Property profile & analytics
9001 104Th Ave, Commerce City, CO 80640
- Commercial real estate
- 950 SF
- 1.32 lot acres
Property ID
US13-1261933
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 9001 104Th Ave
- Year built
- 2023
- Lot size
- 1.32 lot acres
- Property type
- Commercial real estate
Description
Exceptional investment opportunity featuring a brand-new, 950-square-foot Dutch Bros. Coffee located at 9001 E 104th Ave, Henderson, CO 80640, within the Denver MSA. This property boasts a 15-year absolute NNN lease, commencing February 17, 2023, and expiring February 28, 2038, with a substantial remaining term of 13.3 years. The lease includes 10% rent bumps every five years and three, five-year renewal options, ensuring consistent income growth. The tenant, Dutch Bros. Coffee, is credit-rated and backed by a corporate guarantee, mitigating risk. The property sits on a 1.32-acre lot and generated a Net Operating Income (NOI) of $121,695 in 2023, resulting in a 5.25% cap rate and a price per square foot of $2,440. The asking price is $2,318,000. This build-to-suit development benefits from high traffic counts (65,000+ vehicles per day) and a strong demographic profile, with over 160,000 residents within a five-mile radius and household incomes exceeding $105,000 within the same radius. The property's location in Commerce City, Colorado, offers easy access to major transportation routes, including Interstates 70 and 270, and proximity to Denver International Airport. Commerce City is experiencing significant growth, with a population of approximately 64,000 residents and a diverse economy encompassing industrial, retail, and residential sectors. This presents a compelling investment opportunity with strong potential for long-term returns. The property is offered fee simple.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Commerce City
- County
- Adams
- State
- Colorado
- Longitude
- -104.8828498
- Latitude
- 39.8859448
