Retail Space in Growing
For Sale
Contact for pricing
10501 E Colfax Ave, Aurora, CO 80010
Retail space in a desirable, rapidly growing Denver neighborhood.
Property Size13,450 SF
Price / SF$297.32
Days on Market364
Property Features for 10501 E Colfax Ave
General Information
Standard status
Active
Size
13,450 SF
Property subtype
Mixed Use, Retail
Building Details
Year Built
1996
Listing Agency:
Colliers - Los Angeles - Orange County, California
(720) 255-5231
Listed By:
Joe Winkelmann · License #CA 01259378
Source:
Crexi
Added: Aug 2, 2025
Changed: Jul 6
Last Checked: Jul 29 at 4:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This retail space is situated in Denver's central submarket, benefiting from proximity to rapidly growing neighborhoods. The Central Park neighborhood is known as a desirable location for young families, while Lowry offers a quieter residential community for families and young professionals, a short drive from downtown. The area's economy is supported by healthcare, aerospace, and bioscience industries. Retailers are drawn to the area's demographics and growth, supported by its location near several of Denver’s most desirable neighborhoods. Colfax Avenue serves as an east-west transportation route connecting downtown Denver with the Anschutz Medical Campus. Plans are underway to implement a new Bus Rapid Transit (BRT) line to improve mobility along the corridor, potentially increasing foot traffic. The property encompasses 13450 square feet. Vacancies in the submarket are at 4.8% as of 25Q1, compared to the metro benchmark of 4.3%. Supply additions have been modest, and the current pipeline includes 16,000 square feet under construction. The property is located at 10501 E Colfax Ave, Aurora, CO 80010.
Key Highlights
- Located in a submarket drawing from Denver's fastest‑growing neighborhoods (Central Park, Lowry).
- Proximity to high‑paying healthcare, aerospace, and bioscience industries driving employment.
- Favorable demographics and explosive growth attract retailers.
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $322.8k | $24.00 |
| − Vacancy | −$32.3k | −$2.40 |
| EGI | $290.5k | $21.60 |
| − OpEx | −$108.9k | −$8.10 |
| NOI | $181.6k | $13.50 |
13,450 SF · lease $24.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$2.59M
$2.27M – $3.03M
NOI $181,575 @ 7.0% cap · market cap 4.54%
Second Best
Retail
$2.44M
$2.13M – $2.84M
NOI $170,572 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$3.76M
$3.29M – $4.38M
NOI $263,082 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,244
Businesses Nearby
139k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 40%
Groceries 28%
Shops & Services 20%
Apparel 11%
Lowe's Market
Groceries
32,436 visits/mo
0.1 miles
McDonald's
Dining
26,568 visits/mo
0.3 miles
Little Caesars Pizza
Dining
12,399 visits/mo
0.1 miles
Arc Thrift Store
Apparel
11,212 visits/mo
0.3 miles
Guadalajara
Dining
9,252 visits/mo
0.5 miles
Demographics for 80010, CO
42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in a desirable, rapidly growing Denver neighborhood.
Where is this retail space located?
The property is located at 10501 E Colfax Ave Aurora, CO.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Located in a submarket drawing from Denver's fastest‑growing neighborhoods (Central Park, Lowry).; Proximity to high‑paying healthcare, aerospace, and bioscience industries driving employment.; Favorable demographics and explosive growth attract retailers.
