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Well Located Shopping Center for Sale
Good Tenant Mix, Solid NOI
Room for Rental Increases.
General Information
Friendly Square Shopping Center
11651 W. 64th Ave
Arvada, CO 80004


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Sub Market: Northwest
Building Type: Retail
Floor Plan: click here for floor plan
YOC: 1980
County: Jefferson


Land SF: 6.69 AC
Taxes: $103,686

Sale Information
Total SF: 58679
Available SF: 1657
Sale Price: $5,600,000


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Property Description
Sperry Properties is proud to present this well located, retail center located in Arvada, Colorado. Friendly Square Shopping Center is a 58,679-sf multi-tenant, multi-building retail center, consisting of one L-shaped building and one out building (Dairy Queen) located off 64th Ave/Ralston Rd.. This center has a good tenant mix with eighteen total tenants. The current rent role produces a strong NOI with further room to increase the rental rates. The property has easy access from the signalized intersection of 64th Ave and Simms St. Abundant parking in front fo the property. Strong demographics and good traffic count. Please, do not disturb the tenants.
Improvements
Access: 64th Ave and Simms St
Floors: 1
Parking: Free Surface Spaces
Maximum Contiguous SF: 1657
Minimum Available SF: 1657
Divisible: N
Site Size: 291416
Present Occupant(s): 97%
Cap Rate: 7.4%
Net Op Inc: $414698

Contact:
Bryan Sperry
Phone: (303) 592-1050
Fax: (866) 802-0399

Sperry Properties Inc.
2871 N. Speer Boulevard
Denver, CO 80211
www.sperryproperties.com

click here for map
click here for site plan
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The following information is subject to change and/or withdrawal without notice. The information set forth herein was obtained from the owner of the property and from other sources including public records and Sperry Properties, Inc. has not verified the accuracy or completeness of such information. Sperry Properties, Inc. and its brokers will be acting as agents of the Landlord/Seller and will negotiate on behalf of and act as an advocate for the Landlord/Seller. Sperry Properties, Inc. will not be your agent without a signed agency agreement
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2871 N. Speer Boulevard - Denver, CO 80211
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Office: (303)  592-1050
Fax: (866) 802-0399