Retail Space
650 East 64th Avenue Denver, CO 80229
Details & Description
Price: $8,479,000
    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment grade (S&P: AA-), gas station equipped, 7-Eleven investment property located in Denver, Colorado. 7-Eleven recently executed a brand new 15-year lease with 4 (5-year) options to extend. The lease features a 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is signed by the corporate entity (S&P: AA-) and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The brand new state-of-the-art property is currently under construction and will be delivered to tenant in early August 2021.
    Listing Agents
    Ryan Tomkins
    SRS Real Estate Partners
    O: 619-489-9005
    ryan.tomkins@srsre.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    650 East 64th Avenue

    Denver, CO 80229

    Listing ID: 254549
    • 650 East 64th Avenue Denver, CO 80229 | for Sale | Photo 1
    • 650 East 64th Avenue Denver, CO 80229 | for Sale | Photo 2
    • 650 East 64th Avenue Denver, CO 80229 | for Sale | Photo 3
    650 East 64th Avenue | for Sale | Thumbnail 1
    650 East 64th Avenue | for Sale | Thumbnail 2
    650 East 64th Avenue | for Sale | Thumbnail 3
    Building Size: 4,726 SF
    Lot Size: 1.800 AC
    Land Size: 78,408 SF
    Building $/SF: $1,794.12
    Land $/SF: $108.14
    Price
    $8,479,000
    Description

    SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased, investment grade (S&P: AA-), gas station equipped, 7-Eleven investment property located in Denver, Colorado. 7-Eleven recently executed a brand new 15-year lease with 4 (5-year) options to extend. The lease features a 7.5% rental increases every 5 years throughout the initial term and at the beginning of each option period. The lease is signed by the corporate entity (S&P: AA-) and is NNN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. The brand new state-of-the-art property is currently under construction and will be delivered to tenant in early August 2021.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Denver History of Retail Space for Sale

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    Denver Area Market Trends

    Listing Demographics for 650 East 64th Avenue Denver, CO 80229

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,44981,841355,672
    Population Median Age403535
    Population by Age0-9 Yrs165 (11%)11100 (13%)44623 (12%)
    10-19 Yrs206 (14%)11741 (14%)42210 (11%)
    20-29 Yrs160 (11%)12894 (15%)63614 (17%)
    30-39 Yrs154 (10%)13231 (16%)68432 (19%)
    40-49 Yrs248 (17%)9573 (11%)44164 (12%)
    50-59 Yrs198 (13%)10415 (12%)39283 (11%)
    60-69 Yrs154 (10%)6914 (8%)29253 (8%)
    70+ Yrs163 (11%)5974 (7%)24093 (6%)
    Median HH Income$47,446$57,490$64,512
    Total Household Income< 24K121 (22%)5295 (19%)25202 (18%)
    25-49K168 (31%)6286 (23%)27923 (20%)
    50-74K70 (13%)5621 (20%)25467 (18%)
    75-99K87 (16%)4148 (15%)18420 (13%)
    100-199K62 (11%)4701 (17%)30702 (22%)
    200K+23 (4%)929 (3%)9693 (7%)
    Highest Education LevelNo Diploma3521444043671
    Diploma or GED2551547757764
    Some College1291056944385
    Assoc. Degree63362915496
    Bachelors Degree130619554387
    Higher Degree53277128940
    Total Housing Units53028,336146,397
    --Owner-Occupied38615,77473,304
    --Renter-Occupied14511,20664,103
    Owner-Occupied Values< 100K10811636423
    100-199K9331229109
    200-299K83598018607
    300-399K44368216815
    400-499K258888828
    500K+3393913521
    Total Working Age Population1,19064,044285,789
    In Work Force76343,733205,761
    Not In Work Force42720,31180,028
    Workforce Employed72341,925197,611
    Workforce Unemployed401,7838,029
    Civlian Workforce76343,708205,640
    Military Workforce025121
    Total Households53026,980137,406
    Family Households33417,57674,212
    Non-Family Households1969,40463,195
    Married Couple21711,21849,217
    Other Family1176,35924,995
    Married w/Child674,91020,796
    Single Male w/Child218013,725
    Single Female w/Child262,2748,792

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Colorado4,301,261+175,029,196+165,838,181+156,733,658
    Adams County363,857+21441,603+20530,680+21642,318
    Arapahoe County487,967+17572,003+16662,304+13750,773
    Denver County554,636+8600,158+23738,611+12827,681
    Jefferson County527,056+1534,543+10587,118+7626,742

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 650 East 64th Avenue in Denver?
    The asking price for 650 East 64th Avenue is $8,479,000
    What is the building size of this Retail property in Denver, CO?
    The size of the building/unit at 650 East 64th Avenue in Denver is 4,726 square feet
    How much land does the Denver, CO property at 650 East 64th Avenue include?
    650 East 64th Avenue in Denver includes 1.800 acres of land
    What kind of Retail is the propery at 650 East 64th Avenue?
    The property at 650 East 64th Avenue Denver, CO 80229 is listed as a Gas/Convenience Retail property
    What is the population within 1 mile of 650 East 64th Avenue in Denver?
    The population within 1 mile of 650 East 64th Avenue Denver, CO 80229 is 1,449 people.
    Who do I contact for questions about 650 East 64th Avenue?
    You should contact the listing agent, Ryan Tomkins, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Denver International Airport (DEN) 17
    Albuquerque International Sunport / Kirtland Air Force Base (ABQ) 342
    Rick Husband Amarillo International Airport (AMA) 364
    Price
    $8,479,000
    Listing Agent
    More listings from Ryan Tomkins
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