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Vacant-User

1101 S Pearl Street

1101 S Pearl St, Denver, CO 80210

Listing Price: $2,875,000

Cap Rate
6.21%
Gross SF
6,876
Rentable SF
6,876
Price/Gross SF
$418.12
Lot Size
0.40 acres
Year Built
1945

Investment Overview

The Kramer Group of Marcus & Millichap is pleased to present this Exclusive Listing of 1101 South Pearl Street. The multi-tenant retail property contains 6,876 square feet of leasable area, and is anchored by The Pub on Pearl, a long-tenured and well-known local gathering place. The building is 100% leased to a stable neighborhood tenant base. The tenants are a mix of six different internet proof businesses that include a Pub Restaurant, Hair Salon and Barber, among others. The building is located along South Pearl Street in the West Washington Park Neighborhood directly across from a Whole Foods, with great access and visibility to I-25. The seller has put extensive CapEx and Tenant Improvement work into the property over the past 3 years. The central location also provides great access to metro Denver via I-25 and is walkable to the Louisiana Light Rail Station. The property splits the divide between the Platt Park and Wash Park neighborhoods. Both of which have some of Denver’s highest household incomes, with a lot of new developments and redevelopment.

Investment Highlights

  • 100% Occupied Neighborhood Retail Strip Adjacent to Whole Foods
  • Long-Term Lease on 40% of the Space
  • High Income Area - West Wash Park, 10 Minutes South of Downtown Denver

Exclusively Listed By

Vacant-User

1101 S Pearl Street

Listing Price: $2,875,000

Cap Rate
6.21%
Gross SF
6,876
Rentable SF
6,876
Price/Gross SF
$418.12
Lot Size
0.40 acres
Year Built
1945

Investment Highlights

  • 100% Occupied Neighborhood Retail Strip Adjacent to Whole Foods
  • Long-Term Lease on 40% of the Space
  • High Income Area - West Wash Park, 10 Minutes South of Downtown Denver

Investment Overview

The Kramer Group of Marcus & Millichap is pleased to present this Exclusive Listing of 1101 South Pearl Street. The multi-tenant retail property contains 6,876 square feet of leasable area, and is anchored by The Pub on Pearl, a long-tenured and well-known local gathering place. The building is 100% leased to a stable neighborhood tenant base. The tenants are a mix of six different internet proof businesses that include a Pub Restaurant, Hair Salon and Barber, among others. The building is located along South Pearl Street in the West Washington Park Neighborhood directly across from a Whole Foods, with great access and visibility to I-25. The seller has put extensive CapEx and Tenant Improvement work into the property over the past 3 years. The central location also provides great access to metro Denver via I-25 and is walkable to the Louisiana Light Rail Station. The property splits the divide between the Platt Park and Wash Park neighborhoods. Both of which have some of Denver’s highest household incomes, with a lot of new developments and redevelopment.

Exclusively Listed By

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