This LoDo office and retail property for sale is located at 1822 Blake Street in Denver, Colorado. This is an outstanding opportunity for an office owner/user looking for a property with rental income. The ground floor is currently leased to a bar/restaurant concept and is a well known restaurant location.
The restaurant space has high ceilings, exposed brick and timber, and recently remodeled. Tenant is in the second year of a five year term with two (2) five (5) year options. First option includes three percent annual increases and the second option is at market. The current annual base rent of the triple net lease is $133,564.
The high ceilings and brick and timber carry through to the beautiful second floor 4,158 SF office. The office is vacant and perfect for an owner/user or immediately available for a tenant.
The Lower Downtown Denver office building for sale is ideally situated within walking distance to Coors Field, Union Station, the newly developed Market Station, 16th Street Mall and Central Business District with numerous restaurants, bars and retail. This Denver office building for sale with restaurant income is listed by Mark Valente.
For more information – 1822 Blake Street For Sale
- Location: Denver / Boulder Metro
- Price: $3,900,000
- Status: Active
- Reference Number: 20001
- Square Footage (Building): 11,008 SF
- Square Footage (Land): 4,847 SF
- Net Operating Income: $133,000