Lease Listings $175,000
PROPERTY OVERVIEW
- Rent. $175,000/yr, Modified Gross (inclusive of RET; R&M, insurance, utilities are subT expenses)
- Master Lease Expiration. 11/30/35
- Walgreens Premises. ±13,650 SF + drive thru
- Signage. Building + dedicated pylon
- Intersection. NEC of W Colfax and Sheridan Blvd (~60K VPD)
- Access. RI/RO on W Colfax Ave and on Sheridan Blvd
- Parking. ~58 spaces
- Year Built. 2006 – HVACs replaced in ’20
- Parcel. 1.21 AC
- Zoning. C-MS-8, City of Denver – PERMITTED USES (see Section 7.4.4 of Urban Center Download Link)
- Prohibited Uses. Pharmacy
LOCATION OVERVIEW
- Just west of downtown Denver
- Dense population (86K w/in 2 mi) + high income area (AVG HH Inc ~$107K)
- High traffic area (~34K VPD on Sheridan Blvd; ~25K VPD on Colfax)
- High visibility and easily accessible
SUBLEASE TERMS*
- SUGGESTED RENT $175,000/yr (inclusive of RET; R&M, insurance, utilities are subT expenses)
- TERM 11/30/35 (Co-terminus with master lease)
- DELIVERY “As-Is”
- OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
