8020 Federal Blvd
Denver , Colorado 80031

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For Lease, For Sale,

Property Overview

This unique 2 story building offers a mix of retail and office use. Current tenants include an ice cream shop, massage studio, nail salon, liquor store, insurance company, and is currently 93% occupied, leaving one unit left for lease. The current average lease rate is $14.70/ft…Market rate is between $16-$25/ft leaving room to increase cash flow.

Sitting next to Interstate 36(minutes to Boulder and Denver,) this allows investors the opportunity to re-develop at any time in the future. This property is zoned B-1, allowing for almost all retail and office uses and zoning goes up to 65ft high.

Along with value-add potential, the owner is willing to add a 9,600sf land parcel sitting(adjacently) behind the property. It is currently paved and used as parking. This parcel is zoned C-1, leaving investors with a variety of commercial development options.

To schedule a showing contact Beau Hershberger at Hoff & Leigh Denver.

PROPERTY HIGHLIGHTS

  • Centrally Located
  • Monument Signage
  • B-1 Zoning
  • Located on Federal Blvd & 80th Ave

Quick Stats

SALE PRICE:
$1,999,000
LEASE RATE:
$16 SF/yr (NNN)
SIZE:
10090 SF
LOT SIZE:
.67 Acres
TYPE:
Retail ,
AVAILABLE:
Owner is willing to combine units to create 1600 SF of office or retail for the right user. MMJ welcome (Adams County).

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