Listed by Marcus & Millichap - Denver
$8,900,000
Bell Park Plaza
Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 33,480
Units 1
Cap Rate 7.65%
NOI $681,062
Occupancy 100%
Tenancy Multi
Lease Type NNN
Price per SqFt $266
Broker Co-Op True
Year Built 1986
Ground Lease No
Sale Condition N/A
Long Tenured Tenancy (16yr Average)
Investment highlights
- HIGH-DEMAND INLINE FORMAT WITH A 2,391 SF AVERAGE SUITE SIZE
- LONG-TENURED TENANT ROSTER WITH PROVEN OCCUPANCY STABILITY
- NEARLY 80% OF THE RENT ROLL FEATURES EMBEDDED RENTAL GROWTH
- ONLY TWO TENANTS HAVE FIXED RATE OPTIONS
- NEAR-TERM LEASE ROLLOVER PROVIDES CLEAR MARK-TO-MARKET OPPORTUNITY
- DIVERSIFIED DAILY-NEEDS TENANT BASE ACROSS MEDICAL, FOOD, BEAUTY & ESSENTIAL SERVICES
Listing Contacts
Listed by Marcus & Millichap - Denver
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$681,062.00
$56,755.17/mo
Valuation Metrics
0
DSCR
7.65%
Cap Rate
7.65%
ROI
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