Significant Value Add Opportunity 5730 E Otero Ave 10,880 SF 52% Leased Retail Building Centennial, CO 80112 $2,100,000 ($193.01/SF)

Value Add Opportunity! Foxridge Professional Building is an attractive multi-tenant, value-add investment or Owner/User opportunity located in Foxridge Plaza Shopping Center, a King Soopers anchored retail center in Centennial, Colorado.
This 10,880 square foot building includes four leased retail spaces, one leased office space, 1,424 square feet of available retail space and 3,844 square feet of available office space. The retail portion is leased to established businesses, including Inle Massage, Denver Doll Emporium, Colorado School of Acting, Brixton Barbers, and State Farm.
The property, currently 52% leased, offers a unique value-add opportunity for investors to increase revenue and property value, or for an owner-user to occupy the available units
and receive income from the other Tenants. Additionally, the next owner may significantly increase cash flow by transitioning the existing Expense Stop leases to NNN over time to recapture the majority of property expenses.
Located in a neighborhood retail center, the property offers ample parking, including 27 covered parking spaces and 10 surface spaces, and provides easy access from Holly Street and County Line Road. Tenants benefit from prominent building signage, monument signage and traffic from synergistic tenants occupying Foxridge Shopping Center.