5253-5295 W. 48th Avenue
PROPERTY DESCRIPTION This property presents an incredible value‑add opportunity to acquire a 12,225
Marketing description
Incredible value‑add opportunity to acquire a 12,225 SF mixed‑use retail/office building strategically positioned at 48th Avenue & Sheridan Blvd in the City and County of Denver. This centrally located asset offers exceptional visibility along Interstate 70, capturing 111,776 vehicles per day, and provides seamless access to both I‑70 and I‑76, as well as quick connectivity to central Denver, the western slope, and the broader metro area.
The property features a diverse tenant mix and is ideally suited for destination‑oriented businesses, professional services, or an owner‑user seeking a signature location. With below‑market rents for the trade area, the building presents strong upside potential through lease‑up, repositioning, or modernization.
The site offers sweeping western‑slope views and serves as an excellent incubator environment for retail, office, and service‑related industries. An owner‑user has the opportunity to occupy the entire building or generate immediate cash flow by leasing out the full second floor.
This is a rare chance to secure a centrally located, highly visible, and operationally flexible asset in one of Denver’s most accessible and rapidly evolving corridors!
Investment highlights
Great opportunity for a value‑add investor or owner‑user seeking a highly visible location along I‑70 and Sheridan Blvd. The property offers strong repositioning potential, flexible use options, and excellent access throughout the Denver metro.
A future multi‑family redevelopment concept is also feasible, with potential for one‑ and two‑bedroom units, given the site’s central location and surrounding residential demand.
Property Overview
- Available SF: 9,770 SF
- Building Size: 12,225 SF
- Lot Size: 0.57 Acres
- Occupancy: 20%
- Year Built: 1969
Location & Access
- Cross Streets: W. 48th Avenue & Sheridan Blvd
- Signalized Intersection: Sheridan Blvd & I‑70
- Traffic Count: 111,000 VPD
- Centrally located on the border of North Denver
- Immediate access to I‑70 and I‑76
- Approximately 15 minutes to Downtown Denver (CBD)
Financial & Leasing
- Lease Rate: $12.00–$14.00 PSF
- Lease Term: 3–5 years
- Below‑market rents for the trade area
Site Features
- Parking: On‑site
- Signage: Building and pylon signage available
- Visibility: Exceptional exposure to I‑70
- Use Flexibility: Ideal for retail, office, service‑oriented users, or owner‑user occupancy
Investment Highlights
- Strong value‑add upside through lease‑up, modernization, or redevelopment
- Excellent visibility and traffic exposure
- Owner‑user opportunity to occupy the building or lease out the second floor for cash flow
- Potential multi‑family redevelopment for 1–2 bedroom units
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