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Retail Space in Growing Neighborhood

10501 E Colfax Ave Aurora, CO 80010

10501 E Colfax Ave, Aurora, CO, 80010
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Retail space in a desirable, rapidly growing Denver neighborhood.

Property Size13,450 SF
Price / SF$297.32
AddedAug 2, 2025
Days on Market348
Last RefreshJul 5 at 10:15 am

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 office Colliers - Los Angeles - Orange County, California

Listing date Aug 2, 2025

Source Crexi

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.

Local 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 (±1% cap)
NOI $181,575 @ 7.0% cap · market cap 4.54%
Second Best
Retail
$2.44M
$2.13M – $2.84M (±1% cap)
NOI $170,572 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$3.76M
$3.29M – $4.38M (±1% cap)
NOI $263,082 @ 7.0% cap · market cap 6.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Veterinary Clinic Pet Grooming Service Dental Office Nursing Home Travel Agency Pet Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
Contact an agent
(720) 255-5231 Call to check price and availability
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