7950 E Hampden Ave, Denver, CO 80237 For Sale

Trophy single-tenant absolute NNN CVS investment property with over 21 years remaining on initial lease term. Extraordinary assumable debt featuring a 3.45% fixed interest rate over the entire term of the loan. Loan is fully amortizing over the primary term of the lease and matures January 1, 2047. Current loan balance is approximately $8,200,000. Loan assumption provides positive leverage and favorable cash flow in today’s higher interest rate environment and is an incredible opportunity for exchange buyers with a significant debt replacement requirement.

Incredible hard corner location in the heart of Denver. Neighboring retailers include Target, Whole Foods, Wells Fargo, Chick-Fil-A, Raising Cane’s, and many other national retailers.

The Property features a 13,111 SF building with an additional 1,712 SF of mezzanine space on 1.478 acres. The Property is located in the southeastern part of Denver in the Hampden neighborhood at the signalized corner of East Hampden Ave and S Tamarac Dr. There are a combined 85,000 vehicles passing by daily and approximately 130,000 people living within 3 miles with an average household income of approximately $105,000. This highly desirable and heavily traveled corner has multi-story buildings in all directions. The intersection is shared with Target, Whole Foods, Chick-fil-A, Benihana, Bank of the West, Wells Fargo, Petco, Chipotle, numerous office buildings, and various other national retailers.

See OM for further details.