Description
This multi-tenant retail strip center on S Federal Blvd benefits from high traffic counts and the S Federal Blvd & W Ellsworth Ave bus stop. This four-unit building is fully leased to Premier Group Insurance, Boost Mobile, an appliance repair shop and an ice cream shop.
The property is under-leased and has room for growth. This is a fast changing busy corridor with a lot of redevelopments already taking place. Its proximity to downtown Denver and access to freeways and major roads makes this property a prime spot for a long term value add investment.
Surrounding properties include many auto-related buildings along S Federal Blvd including car dealerships, auto repair, tire shops, muffler shops, and car audio shops. Residential neighborhoods are both east and west of the subject property and a major industrial area is located northeast of the subject property.
Great potential for redevelopment or an “as-is” cash flowing investment. Please call broker for property income figures.
Location
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