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Shopping Neighborhood

1083 S Pearl St

1083 S Pearl St, Denver, CO 80209

Listing Price: $2,590,000

Cap Rate
5.77%
Gross SF
5,995
Rentable SF
5,995
Price/Gross SF
$432.03
Lot Size
0.21 acres
Year Built
1912

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing of 1083 South Pearl Street. The retail property contains 5,995 square feet of leasable area. The building is leased to a stable neighborhood tenant base with no lease expirations until October 2023. The tenant’s are a mix of internet proof businesses that include a Coffee House, Hair Salon, and Liquor Store. Both the Coffee House and Hair Salon expanded after their first year of business. The building is located along South Pearl Street in the West Washington Park Neighborhood adjacent to Whole Foods and Pub on Pearl. 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.

Investment Highlights

  • 100% Occupied
  • Long Term Leases
  • High Income Neighborhood of Wash Park

Exclusively Listed By

Shopping Neighborhood

1083 S Pearl St

Listing Price: $2,590,000

Cap Rate
5.77%
Gross SF
5,995
Rentable SF
5,995
Price/Gross SF
$432.03
Lot Size
0.21 acres
Year Built
1912

Investment Highlights

  • 100% Occupied
  • Long Term Leases
  • High Income Neighborhood of Wash Park

Investment Overview

Marcus & Millichap is pleased to present this exclusive listing of 1083 South Pearl Street. The retail property contains 5,995 square feet of leasable area. The building is leased to a stable neighborhood tenant base with no lease expirations until October 2023. The tenant’s are a mix of internet proof businesses that include a Coffee House, Hair Salon, and Liquor Store. Both the Coffee House and Hair Salon expanded after their first year of business. The building is located along South Pearl Street in the West Washington Park Neighborhood adjacent to Whole Foods and Pub on Pearl. 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.

Exclusively Listed By

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