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GoodVets & High Ride Cycle

1316 E Evans Ave | Denver, CO 80210
For Sale

Confidentiality Agreement

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Property Details

  • Price: $3,585,000
  • Property Type: Retail
  • Availability: Available
  • Transaction Type: For Sale
  • Cap Rate: 6.00%
  • Lot Size: 0.38 AC
  • Lease Type: NNN
  • Year Built: 2023
  • Parking: 18
  • Tenancy: Multi Tenant
  • Available SF: 4,780 SF
  • Year Built: 2023

Property Description

SECURE INCOME STREAM

  • 100% Occupied by GoodVets (Corporate Guaranty) and High Ride Cycle (Corporate & Personal Guaranty)
  • Brand New 10-Year NNN Leases with 10% Increases Every 5 Years
  • Tenants Reimburse All Expenses, Including Roof Repairs/Maintenance
  • GoodVets is a Growing Tenant with 17 Locations, 33 Planned by 2024
  • High-Quality Brick Construction, Newly Renovated with Brand New HVAC Units
  • Shadow Anchored by High-Volume Safeway with Fuel Station
  • Denver Rated as Fastest Growing Dog-Friendly City in 2021PROXIMITY
  • 1/2 Mile to University of Denver with 12,000 Students and 5,400 Employees
  • Infill Location with 481,342 Residents in Primary Trade Area
  • $141,458 Average Household Income with a Median Home Value of $645,888 in 1-Mile Radius
  • Strong Daytime Population of 595,583 in Trade Area
  • Excellent Visibility to 50,580 VPD Along Major Throughfare
  • Minutes to I-25 with 235,000 VPD, Direct Access to Downtown Denver (6 Miles)
  • Close Proximity to Stadiums for Denver Broncos, Colorado Avalanche, Denver Nuggets and Colorado Rockies
  • Walking Distance to Two Light Rail Stations at University and Evans
  • Surrounded by Thousands of Multi-Family & Student Housing Units
  • Over 12 Million SF of New/Upcoming Developments within Broadway Park, Broadway Station and Santa Fe Yards

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Financial Summary

Investment Highlights

Price $0.00
Price / Unit $0.00
Gross Rent Multiplier 0.00
Proposed Loan Amount $0.00
Initial Investment $0.00

 

Income & Expenses

Income
Potential
Current

 

Expense
Potential
Current
Total Expenses
$ 0.00
$ 0.00
Net Operating Income $0.00 $0.00
Less Debt Service $0 $0
Potential Net Cash Flow $0.00 $0.00
Cash on Cash Return 0.00 % 0.00 %
Capitalization Rate 0.00 % 0.00 %

Rent Roll

Unit
BR/BA
Current Monthly Rent
Potential Monthly Rent
Status
Lease Expires

Totals

$ 0.00

$ 0.00

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