Two-Tenant Retail Strip Center with New 20-Year Leaseback
Blue West Capital is pleased to offer for sale a 100% leased, two-tenant NNN retail strip center at 12244 E 44th Ave in Northeast Denver, featuring a new 20-year House of Spirits leaseback with 2% annual rent increases. The stabilized, 2013-built strip totals 12,100 square feet, with the liquor store occupying 62.5% of the building and an established local Mexican restaurant operator occupying the balance, resulting in a weighted average lease term of approximately 12.7 years.
