A retail property occupied by Red White & Blue Thrift in Arvada, Colorado, has been listed for sale with an asking price of $5,694,000. The building, located at 8125 Sheridan Boulevard, boasts a square footage of 27,521 and is fully leased to Red White & Blue Thrift until 2034.
The property recently opened and is under a 10-year lease that commenced on November 28, 2024. It features rental increases starting in the third year of the lease and includes four five-year renewal options. Red White & Blue Thrift has a long-standing history, operating for over 40 years, and offers a range of second-hand goods.
Positioned within the King Square Shopping Center, the property benefits from high traffic, with more than 43,000 vehicles passing by daily on Sheridan Boulevard. The area has a dense population of over 336,000 residents within a five-mile radius and an average household income of $106,580.
Nearby businesses include King Soopers, Chase Bank, Pet Supplies Plus, and Taco Bell, among others. The investment is notable given the property’s strategic location and strong tenant history.
