3500 Youngfield - Wheat Ridge, CO
3500 Youngfield St Wheat Ridge , CO 80033-5286

3500 Youngfield - Wheat Ridge, CO - retail for sale

Download offering memorandum:

Overview



JLL presents the opportunity to acquire a fully occupied, multi-tenant retail outparcel to a King Scoopers anchored shopping center in Wheat Ridge, CO (Denver MSA). The Asset is located with frontage and visibility to the main access road to the shopping center Youngfield Street as well as the highly trafficked Interstate 70.

Investment highlights


  • Outparcel to King Scoopers anchored retail center
  • Frontage and visibility to Youngfield Street and the heavily trafficked Interstate 70
  • Long term NNN lease structures
  • Serves densely populated affluent neighborhood of West Denver
General
Property type Retail
Tenure type Sale/Purchase
Property address 3500 Youngfield St, Wheat Ridge, CO 80033-5286
Land in acres 1
Building size 6,500  ft2
Year built 1993
Financial
Price $3,175,000
Cap rate 6.25%
Current NOI $198,561.00
Lease
Tenant's name Mattress Firm Holding Corporation
Lease type NNN
Annual rent $116,850.00
Lease expiration date 12/31/2022
Remaining term 3.1Yrs

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