7-Eleven Washington

650 E 64th Ave & 6331-6341 Washington St Denver CO

  • http://matrixgroupinc.com/wp-content/uploads/2017/12/7-Eleven-service-station.jpg

  • http://matrixgroupinc.com/wp-content/uploads/2017/12/7-Eleven-convenience-store.jpg

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Property Pictures

Current Performance Details

  • Acquisition DateAug, 2017
  • Acquisition Price1,300,000
  • Add. Capital Costs100,000
  • Total Cost1,400,000
  • Total Project Size6,000 sf
  • StatusUnder Redevelopment
  • Current Value$1,500,000
  • Market Value PSF-

  • The property consists currently of 4 buildings anchored by a 7-11 located at the SW corner of 64th and Washington Street.
  • The plan is to keep the 7-11 retail building, while demolishing two of the remaining three buildings.
  • The remaining building, occupied by the Y-Knot Bar has a lease expiring in July 2019.
  • In the interim, ownership plans to lease the vacant land temporarily as a contractor yard.
  • Once the Y-Knot Bar lease expires, ownership plans to demolish the Y-Knot building and redevelop the land into an in-line retail center.
  • Approximately 1.5 million square feet of Class A industrial space has been recently built in this area located within ½ mile of the intersection of 64th and Washington. Therefore, this trade area is currently under-served in the retail sector because of these new developments.

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Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500