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6751 South Potomac


6751 South Potomac | Centennial | CO | 80112
County: Arapahoe
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Property Details

$2,805,000
Property Status: Available
Transaction Type: For Sale, Investment
Property Type: Retail
CAP Rate: 5.25%
NOI: $147,286.00
Parking: Off-street Parking

Property Size

Property Size: 8,486 Sq Ft

Additional Attributes

Tenancy: Single Tenant

Property Description

NavPoint Real Estate Group is pleased to present this remarkable investment opportunity at 6751 South Potomac Street in Centennial,
CO. This prominent retail asset spans an expansive 8,486 square feet and is strategically located in the heart of a highly affluent south
Denver submarket. The neighboring area has witnessed a substantial 23% population increase since 2010, with projections indicating
an additional 11% surge over the upcoming five years, ensuring a strong and expanding customer base. Boasting an impressive average
household income of $145,600 within a 5-mile radius, this single-tenant net leased property offers a consistent revenue source. This
newly constructed retail building is currently leased to O’Reilly Auto Parts, a reputable publicly traded American auto parts retailer,
enhancing the stability of this enticing investment prospect.

Property Highlights

Parcel: 2075-25-1-19-005

Type: STNL Freestanding Retail

Occupancy: 100%

Lease Start: 4/1/2022

Lease End: 3/31/2037. Tenant has five options to renew for five years at rates defined in the lease.

Current Rent PPSF: $17.36/SF NNN

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