5750 - 5790 West 44th Avenue Office
  • Asking Price
    $1.3MAsking Price
  • Price/SF
    $175.98Price/SF
  • NOI
    $92,112NOI
  • In-Place Cap Rate
    7.22%In-Place Cap Rate

Description

5750–5790 West 44th Avenue presents a fully leased retail and office investment in northwest Denver. The approximately 7,245-square-foot masonry building is offered at $1,275,000 and is occupied in its entirety by Look Optical, an established tenant at the property since 2001. The current lease extends through December 2029, providing in-place income at acquisition.

The building combines renovated ground-floor retail space with second-floor office space served by a private entrance. This configuration supports a customer-facing storefront while maintaining separate circulation for office use. The property is marketed at $175.98 per square foot and reports net operating income of $92,112, an in-place capitalization rate of 7.22%, and a 5.91% cash-on-cash return. Buyers should confirm the rent roll, lease amendments, expense obligations, renewal rights, and calculation periods during due diligence.

The property fronts West 44th Avenue near Sheridan Boulevard, with access to Federal Boulevard and Interstate 70. Nearby residential neighborhoods and retail destinations, including Edgewater Marketplace and Safeway, support regular customer traffic and convenient access for employees and visitors. Downtown Denver is approximately five miles southeast.

The combination of full occupancy, a long-standing tenant, and distinct retail and office components makes the property suitable for investors seeking established income with a clearly defined physical layout. Contact Keith Lenz or Corey Sandberg for current financial information, lease documentation, property access, and transaction terms.

Offering Summary

  • Asking Price
    $1,275,000
  • Price PSF
    $175.98
  • Property Type
    Office
  • Size
    7,245 SF
  • Built
    1959
  • Total Acres
    ~0.29 ac

Sale Details

  • NOI
    $92,112
  • In-Place Cap Rate
    7.22%
  • Cash-on-Cash
    5.91%

Documents

Property Address

5750 - 5790 West 44th Avenue
Denver, CO 80212

Property Details

  • Property Type
    Office
  • Square Feet
    7,245 SF
  • Year Built
    1959
  • Acres
    0.29

Deal Team

Keith Lenz profile image

Keith Lenz

Advisor
Pinnacle Real Estate Advisors
Corey Sandberg profile image

Corey Sandberg

Vice President
Pinnacle Real Estate Advisors