Denver, CO
Price: $1,028,000
Cap Rate: 7.00%
Status: UNDER CONTRACT
A Biggs Step Daycare
3545-3555 Fairfax Street | Denver, CO 80207
Blue West Capital is pleased to offer for sale A Biggs Step Daycare facility located in Denver’s highly desirable Park Hill neighborhood. This daycare is currently operating at full capacity and has had a waitlist since opening. The property underwent over $450,000 in renovations in 2019 and offers rare 2.50% annual rental increases. Don’t miss your chance to invest in an e-commerce resistant business located within an affluent area with average household incomes of approx. $122,000 within three miles.
- Urban infill location with high barriers to entry
- Densely populated area with approximately 153,000 people living within three miles
- Immediate proximity to the Park Hill Golf Course, which is a planned 155-acre infill mixed use redevelopment
- Less than 5 miles east of downtown Denver and two miles south of Interstate 70
- Low price per square foot ($265)
OFFERING SUMMARY
Price: $1,028,000
Cap Rate: 7.00%
Building SF: 3,878 SF
Year Built: 1975/2019
INVESTMENT CONTACT
ZACH WRIGHT
Director
Net Lease Investment Sales
720.966.1628
Zach@BlueWestCapital.com
BRANDON GAYESKI
Associate
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com