Walgreens

11602 W. 64th Avenue, Arvada, CO 80004
$7,050,000
Status Available
Price $7,050,000
Cap Rate 4.79%
NOI $337,525
Price/SF $522
Lease Type Absolute NNN
Lease Term 13 Years
Lease Start 9/1/2022
Lease Expiration 8/31/2035
Building Size 13,501 SF
Lot Size 1.79 AC

Overview

Walgreens is ideally located with excellent access and visibility on a hard corner at the signalized intersection of Simms Street and West 64th Avenue, which is the main east-west thoroughfare providing access to State Route 93 and Interstate 70 just 8 miles northwest of downtown Denver.

Walgreens is located within Arvada’s primary retail and commercial corridor with 5.4 MSF of retail, 1.6 MSF of office, 4.9 MSF of industrial, and 7,383 multifamily units within a 3-mile radius. Additional retailers in the surrounding area include24 Hour Fitness, PNC Bank, Big O Tires, Midas, Dollar Tree, Noodles and Company, Chipotle, Starbucks, and Westwoods Shopping Center (Kohl’s, Pet Supplies Plus, ACE Hardware, Sherwin-Williams).