Single-Tenant Value-Add Offering
Blue West Capital is pleased to offer for sale Firo's Autohaus located at 2801 W 8th Ave in Denver, Colorado.
The offering presents a compelling value-add opportunity with current rent at approximately $16/SF/MG compared to estimated market rents of $40/SF/NNN. With approximately 3 years remaining on the Modified Gross (MG) lease, the value-add strategy can be implemented as early as Year 4.
The property is positioned at the hard corner of W 8th Ave (8,500 VPD) and Decatur St, benefitting from convenient access to Federal Blvd (37,000 VPD), US-6 (153,000 VPD), and I-25 (270,000 VPD). The site is situated approximately one mile west of Burnham Yard, the proposed 58-acre Broncos stadium and mixed-use redevelopment project, within a dense urban corridor supported by more than 262,000 residents and 207,000 employees within three miles.
