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Listing Details


Address: 11988, West Jewell Avenue, Lakewood, Colorado, 80228

Price: $2,454,600

Cap Rate: 6.35%

Tenancy: Single Tenant

Status: Available

Listing Team


Jonathan Schiffer

949.688.1280

js@realsource.com


Austin Blodgett

949.431.2735

ab@realsource.com


Scott Reid

949.942.6585

broker@parasellinc.com

Make An Offer

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Tenancy: Grease Monkey
Building Size: 4,248 SF
Renewal Options: Three, 5-Year Options @ 2.00%
Lease Expiration: 11 Years Remaining
Rental Increases: 2.00% Annually

 

  • Signalized Hard Corner Location: 35,000 CPD Intersection
  • Nearby Highway Access: CO-391 directly borders the Denver metro
  • Dense Population Demographics: 242,000+ within a 5-mi radius
  • Highly Affluent Trade Area: $159,000+ average household income within a 1-mi radius
  • Bonus Depreciation: Property qualifies for 60% bonus depreciation on Car Wash improvements

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