Hoff & Leigh presents an excellent opportunity for sale on West Colfax! This building offers a mix of retail and office. It has been nearly fully renovated in the past 24 months with new paint, new roof on ½ the building, new HVAC, etc. This property has over 32,000 vehicles per day with signage, walking distance to light rail and abundant parking on site. Nearly fully leased, now is the time to receive the return you’re looking for with some potential upside still left! Call us today to schedule your private showing!
Gross Annual Income – $313,769.40
Annual Expense – $122,644.97 (2020 Expenses)
NOI – $191,124.43
*Do Not Disturb Current Tenants, Contact Broker for more information.
- On-Site Parking
- Immaculate Signage
- Walking Distance to Light Rail System
- W. Colfax Exposure
- Monument Signage (Instead of Immaculate Signage)
- Retail, Office, and Multifamily
- Excellent Tenant Mix
- 7% Cap Rate