Well Located Shopping Center for Sale
Good Tenant Mix, Solid NOI Room for Rental Increases. |
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General
Information
Friendly Square Shopping Center 11651 W. 64th Ave Arvada, CO 80004 click here for map Sub Market: Northwest Building Type: Retail Floor Plan: click here for floor plan YOC: 1980 County: Jefferson Land SF: 6.69 AC Taxes: $103,686 Sale Information Total SF: 58679 Available SF: 1657 Sale Price: $5,600,000 |
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Property Description
Sperry Properties is proud to present this well located, retail center located in Arvada, Colorado. Friendly Square Shopping Center is a 58,679-sf multi-tenant, multi-building retail center, consisting of one L-shaped building and one out building (Dairy Queen) located off 64th Ave/Ralston Rd.. This center has a good tenant mix with eighteen total tenants. The current rent role produces a strong NOI with further room to increase the rental rates. The property has easy access from the signalized intersection of 64th Ave and Simms St. Abundant parking in front fo the property. Strong demographics and good traffic count. Please, do not disturb the tenants. |
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Improvements
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Access: 64th Ave and Simms St Floors: 1 Parking: Free Surface Spaces Maximum Contiguous SF: 1657 Minimum Available SF: 1657 |
Divisible: N Site Size: 291416 Present Occupant(s): 97% Cap Rate: 7.4% Net Op Inc: $414698 |
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Contact: Bryan Sperry Phone: (303) 592-1050 |
Sperry Properties Inc. |
click here for map
click here for site plan |
The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement