Walgreens
11602 W. 64th Avenue,
Arvada,
CO
80004
$5,535,000
| Status | Available |
|---|---|
| Price | $5,535,000 |
| Cap Rate | 6.10% |
| NOI | $337,525 |
| 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).
