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34502849
34502852

7507 E 36th Ave, Denver, CO 80238 For Sale

AS
CO FA100080083
JLL - Denver, Colorado
JS
CO EA001324797
JLL - Denver, Colorado
Listed by JLL - Denver, Colorado
$5,050,000
2 days on market
Updated 2 days ago

Panda Shops at Quebec Square

Details
APN 1282-02-004
Property Type Retail
Sub Type Shopping Center
Square Footage 8,843
Units 4
Cap Rate 6.00%
NOI $302,935
Occupancy 100%
Tenancy Multi
Brand/Tenant AT&T, Panda Express (+1)
Lease Type NNN
Year Built 2002
Buildings 1
Acreage 1.120
Zoning C-MU-20
Parking Spaces 50 spaces
Parking per 1,000 SqFt 5.65
Ground Lease No

Tri-Anchored by Home Depot, Sam's & Walmart | #2 Most-Visited Power Center | Denver, CO

Marketing description

Jones Lang LaSalle Americas, Inc. ("JLL"), as exclusive advisor, is pleased to present the opportunity to acquire Panda Shops at Quebec Square ("The Property"), an 8,843 square foot building located off the signalized intersection of Quebec St and E 36th Ave, in Denver, Colorado. Constructed in 2002, Panda Shops is comprised of 4 tenants, 75% of which are national or credit retailers. The Property is 100% leased and has a strong weighted average lease term of 4.8 years, providing a long and stable cash flow. Panda Shops is leased to a diverse rent roll of food & beverage, service, and tenants including AT&T, Jersey Mikes, and Panda Express.

The subject property is shadow anchored by Walmart, Home Depot, and Sam's Club and offers an array of daily needs, making it a top destination for local and regional consumers. The site benefits from high visibility and easy accessibility and sees over 45,000 VPD, all while being only 6 miles from Downtown Denver and 13 miles from Denver International Airport. Positioned in a sought-after retail destination surrounded by national retailers and planned residential communities, Panda Shops at Quebec Square offers stable occupancy and long-term success potential for investors.

Investment highlights

  • A part of Quebec Square Shopping Center
  • Established national credit tenant base
  • Unparalleled visibility and accessibility
  • High density location with affluent demographics
  • Prime retail corridor in central Denver

Listing Contacts

AS
CO FA100080083
JLL - Denver, Colorado
JS
CO EA001324797
JLL - Denver, Colorado
Listed by JLL - Denver, Colorado

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$302,935.00
$25,244.58/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Austin Snedden
License
FA100080083
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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