A Walgreens building in Littleton, Colorado, is now up for sale with a listing price of $4,148,571. The property, located at 11605 W Belleview Ave, offers an 8.75% capitalization rate and an annual high historical income of over $128,000.
Featuring a total square footage of 14,560, the building was constructed in 2005 and is currently fully occupied. The lease on the property is an absolute triple net (NNN) lease, with a remaining term of approximately 5.25 years.
The property generates a net operating income of $363,000 and is situated in an affluent area within the Denver metropolitan statistical area.
