11652 64Th AveArvada, CO 80004

For Sale
$2,325,000

High-yield NNN retail property in Arvada, CO.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional single-story retail property, located at 11652 W 64th Ave in Arvada, Colorado, presents a compelling investment opportunity. Built in 2002 and fully renovated the same year, the building boasts 3,527 square feet situated on a generous 1.42-acre lot. The property is zoned MX-S, offering flexibility for a variety of retail uses. The asking price is $2,325,000, translating to a price per square foot of $659.20. This represents a strong value proposition, particularly considering the attractive 6.50% capitalization rate. The property operates under a triple-net (NNN) lease structure, minimizing the owner's operational responsibilities. Its prime location in Arvada, Jefferson County, within zip code 80004, ensures high visibility and accessibility. This is an ideal investment for those seeking a stable, high-return retail asset in a thriving Colorado market. The property's solid construction and desirable location combine to create a low-risk, high-reward investment opportunity. The single-building structure simplifies management, making it an attractive option for both seasoned investors and those new to commercial real estate. This property offers a compelling combination of strong financial performance and long-term growth potential.

Highlights

  • Exceptional single-story retail building totaling 3,527 square feet on a 1.42-acre lot in Arvada, CO.
  • Built in 2002 and fully renovated the same year.
  • Zoned MX-S, allowing for diverse retail uses.
  • Offered at $2,325,000 ($659.20/SF) with a 6.50% cap rate.
  • Triple-net (NNN) lease structure minimizes owner responsibilities.

Property Details for 11652 64Th Ave

Property type
Other retail properties, Retail properties
Square Feet
3,527 SF
Year Built/Renovated
2002/2002
Buildings
1
Stories
1
Lot Size (sq. ft)
61,855 SF

Location Insight

City
Arvada
County
Jefferson
State
Colorado
Latitude
39.8122142
Longitude
-105.1296525
11652 64Th Ave, Arvada, Colorado

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11652 64Th Ave
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