Denver, CO 80220

Starbucks

Property Address

E Colfax Avenue and Ivy Street, Denver, CO

Offering Summary

  • Price: $3,555,500
  • Lot Size: 0.55 Acres
  • Cap Rate: 4.5%
  • Year Built: 2018
  • Building SF: 2,475
  • Status: Available
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  • New 10-Year Lease with Starbucks Corporation
  • Ten Percent Rental Increases Every Five Years
  • Rare Large Format Building Size
  • Dense Infill Denver – 469,400+ Residents in Trade Area
  • Hard Corner Location
  • Very Affluent Neighborhoods Surrounding the Site (Park Hill and Mayfair)
  • Situated in Trade Area with Two Grocery Store Anchored Retail Centers (King Soopers and Safeway)
  • Visible to 30,510+ Cars per Day Along E Colfax Ave
  • Situated Four Miles from Downtown Denver
  • 689,445 Daytime Employees in Surrounding Area
  • Close Proximity to King Soopers and Safeway Grocery Store
  • Less Than 3 Miles from Denver Zoo – Over 2 Million Visitors Annually
  • Minutes from Rose Medical Center
  • Average Household Income Exceeds $117K in Immediate Area

Broker Information