2121 S Sheridan Blvd

    Denver, CO 80227
    • $700,000
    • STATUS: Active
    • ON SITE: 451 days
    • MLS #: 857620
    UPDATED: 35 min ago
    $700,000
    • 0
      BEDS
    • 0.67
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1975
    County:

    School Ratings & Info

    Description

    8.47% CAP Rate. Leased through 2022 w/$500 rent increases per year. Amazing opportunity to own this 5387 sqft building with ample parking. Business is within the REDI (Real Estate Diversity Initiative) Plan for 64-acre Sheridan corridor. Be a part of this change and open up opportunities working hand in hand with the assembled South Sheridan Steering Committee. Excellent vehicle traffic and visibility (Sheridan/Evans has 34,750 vehicles per day per 2016 NARRPR report). Liquor license negotiable.

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    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-10-22T06:39:01.093.
    frontrange.8z.com/homes/86033625

    2121 S Sheridan Blvd Denver, CO 80227

    • Price: $700,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 857620
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.67
    Acres
    1975
    Built
    Neighborhood:
    Harvey Park
    County:
    Denver
    Area:
    12 Denver Metro area
    Property Description
    8.47% CAP Rate. Leased through 2022 w/$500 rent increases per year. Amazing opportunity to own this 5387 sqft building with ample parking. Business is within the REDI (Real Estate Diversity Initiative) Plan for 64-acre Sheridan corridor. Be a part of this change and open up opportunities working hand in hand with the assembled South Sheridan Steering Committee. Excellent vehicle traffic and visibility (Sheridan/Evans has 34,750 vehicles per day per 2016 NARRPR report). Liquor license negotiable.
    Exterior Features

    Construction Brick/Brick Veneer Waterfront No

    Interior Features

    Cooling Refrigeration/Hvac Heating Forced Air

    Property Features

    Capitalization Rate 8.48 Commercial Industrial Type Other Commerical Energy Star Certified No Gross Operating Income 84000.0000 Has Green Features Addendum No Has Solar Photovoltaic No Has Solar Thermal No Hers Rated No Hoa YN No Leed Certified No Listing Sub Status None Locale Denver Nahb Certified No Net Operating Income 59339.0000 New Construction Status Not NewPreviously Owned New Financing CashConventional Ownership Private Owner Possible Usage Business Taxes 22061 Tenant Pays GasElectricWaterSewerBuilding InsuranceInterior MaintenanceSite MaintenanceExterior MaintenanceTrash Total Operating Expense 24661.0000 Utilities Natural GasElectric Zoning Complex

    Listing information © 2019 Information and Real Estate Services
    Listing provided courtesy of Luis Silva of Luxe Realty, Inc.



    © 2019 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or 8z Real Estate. Data last updated: 2019-10-22T06:39:01.093.
     
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