Price Reduced Sinclair | 8170 W 80th Ave
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Price Reduced Sinclair 8170 W 80th Ave
1,260 SF Retail Building Arvada, CO 80005 $3,608,000 CAD ($2,863.49 CAD/SF) 10.30% Cap Rate
INVESTMENT HIGHLIGHTS
- 10.30% CAP on In-place Income
- 4 Dual Dispensing Pumps with EMV Upgrade Completed
- Recently Renovated with new shelving, cooler, and electrical panel
- High Traffic Location – 37,956 vehicles pass by daily
- New Spill Bucket, Probe, and Concrete
- Close proximity to daily needs retail
EXECUTIVE SUMMARY
Pinnacle Real Estate Advisors is pleased to present investors with the opportunity to acquire an owner-user gas station located in Arvada Colorado. Located on West 80th Avenue the property benefits from great visibility to 37,956 vehicles per day. The property features 4 dual dispensing pumps with the EMV upgrade completed as well as the installation of a new spill bucket and probe. Recently renovated the store features increased merchandise capacity from newly installed shelving, cooler, as well as a new electrical panel. With Target, King Soopers, Safeway, and Sprouts located in close proximity the property benefits from excellent daily needs traffic.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
1,260 SF
Building Class
C
Year Built
1985
Price
$3,608,000 CAD
Price Per SF
$2,863.49 CAD
Cap Rate
10.30%
NOI
$371,624 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.28 AC
Zoning
B2
Parking
7 Spaces (5.56 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (73)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 29-352-02-002 | Improvements Assessment | $21,549 CAD |
| Land Assessment | $0 CAD | Total Assessment | $21,549 CAD |
PROPERTY TAXES
Parcel Number
29-352-02-002
Land Assessment
$0 CAD
Improvements Assessment
$21,549 CAD
Total Assessment
$21,549 CAD
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Price Reduced Sinclair | 8170 W 80th Ave
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