Lakewood Retail Center for
For Sale
Contact for pricing
11712 11716 11718 11720 & 11730 W Colfax Ave, Lakewood, CO 80215
Retail center with 100% occupancy and high traffic visibility.
Property Size6,189 SF
Lot Size0.30 Acres
Price / SF$270.64
Days on Market164
Property Features for 11712 11716 11718 11720 & 11730 W Colfax Ave
General Information
Standard status
Active
Size
6,189 SF
Lot size
0.30 Acres
Property subtype
Retail
Listing Agency:
Fuller Real Estate
(800) 754-0544
Listed By:
Andrew Dodgen · License #CO ER100025456
Source:
Crexi
Added: Feb 16
Changed: Jul 6
Last Checked: Jul 30 at 4:16PM
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 Fuller Real Estate
Investment Insights
Based on property information with market context.
This commercial property features 6,189 square feet of buildings situated on 12,915 square feet of land. The broker indicates an additional approximate 572 square feet from a shed not recorded by the assessor for the 11716 Building. The property is located on W. Colfax Ave, west of Simms St, providing convenient access to I-70, which is approximately 1.5 miles to the west. The center benefits from good visibility and high traffic counts. The property is currently 100% occupied and generates a gross income of $120,662. Numerous retail and restaurant amenities are located nearby, including a Taco Bell and Arby's just across the street.
Key Highlights
- 100% occupancy rate ensuring immediate income.
- High visibility and traffic counts on W. Colfax Ave.
- Gross Income of $120,662.
Financial Insights For Retail
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 | $130.0k | $21.00 |
| − Vacancy | −$11.0k | −$1.79 |
| EGI | $118.9k | $19.22 |
| − OpEx | −$35.7k | −$5.76 |
| NOI | $83.2k | $13.45 |
6,189 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.19M
$1.04M – $1.39M
NOI $83,245 @ 7.0% cap · market cap 4.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,761 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,729
Businesses Nearby
419k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 43%
Dining 18%
Groceries 9%
Electronics 8%
Target
Superstores
181,988 visits/mo
0.4 miles
Whole Foods Market
Groceries
38,196 visits/mo
0.4 miles
Best Buy
Electronics
34,434 visits/mo
0.1 miles
Dollar Tree
Shops & Services
23,928 visits/mo
0.3 miles
Regal UA Colorado Mills
Leisure
23,280 visits/mo
0.5 miles
Demographics for 80215, CO
19,908
Population
9,156
Households
2.2
Avg Household Size
42
Median Age
49%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
3,620
Density / Sq Mi
$85,017
Median Household Income
$49,100
Median Earnings
$1,728
Median Rent
$615,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Centro comercial de los retratos bonitos — 14500 W Colfax Ave #478, Lakewood, CO 80401
- 4 Walls Art — 14500 W Colfax Ave #354, Lakewood, CO 80401
- Sunglass Hut — 14500 W Colfax Ave Spc 430, Lakewood, CO 80401
- Colorado Mills Mall Security — 14500 w colfax ave, lakewood, co 80401
- WAXING by ROSALIE — Phenix Salon Suites, 14500 W Colfax Ave, Lakewood, CO 80401
Frequently Asked Questions
What type of property is this?
Shopping center - Retail center with 100% occupancy and high traffic visibility.
Where is this shopping center located?
The property is located at 11712 11716 11718 11720 & 11730 W Colfax Ave Lakewood, CO.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 100% occupancy rate ensuring immediate income.; High visibility and traffic counts on W. Colfax Ave.; Gross Income of $120,662.