5600 W Alameda Ave, Lakewood, CO, 80226

5600 W Alameda Ave Lakewood, CO 80226

FOR SALE
Property Type:
Other Hospitality
Amount:
$1,700,000
Last Verified:
Dec 16, 2021

Highlights

  • Strong store sales over the last three years.
  • Top five in gross lottery sales for the state of Colorado every year for the past three years.
  • Unbranded station free of long-term contracts providing rebranding opportunities.
  • Excellent visibility and daily traffic along W Alameda Ave.
  • High quality equipment. New pumps and point of sale technology installed in 2019.
  • NOI: $330,376

Description

5600 W Alameda Ave represents a great opportunity to acquire a thriving convenience store located on one of the main arterial roadways in Lakewood. This sale includes both the business and the real estate. The property consists of a 650 SF building, eight gas pumps which were newly installed in 2019, and is a corner lot located at the intersection of West Alameda Avenue and Depew Street. The business has been consistently profitable over the last 15 years and 2020 represented its highest profit ever with a net income of $330,376. It is a fixture within the Lakewood community for gas, groceries, and playing the lottery. Financials are available for previous three years. The joint sale of the business and real estate allows an owner user to continue the strong business in one of the fastest growing submarkets in Denver.

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Year Built: 1972
Building Size: 650sq ft
Lot Size: 0.28 acres


Documents

5600_W_Alameda_Sale.pdf

Map of 5600 W Alameda Ave, Lakewood, CO, 80226

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.