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    Retail Site in Denver West Title is generated by Realmo AI

    16630 W Colfax Ave, Golden, CO

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    Highly visible retail site with below market lease rate.

    Type:RETAIL
    Property size:
    20,593 SF
    Lot size:
    3.79 Acres
    Price / SF:
    $264/SF
    Added:
    Apr 3, 2025
    Days on Market:
    444
    Last Refresh:
    May 20 at 8:15 pm

    Property Features for 16630 W Colfax Ave

    General Information

    Standard status
    Active
    Size
    20,593 SF
    Lot size
    3.79 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Cody Stambaugh
    Cody Stambaugh

    Listing agent Cody Stambaugh License ##100039158

    Listing office Pinnacle Real Estate Advisors

    Listing date Apr 3, 2025

    Source Moodyscre

    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 Pinnacle Real Estate Advisors

    HighLights

    • Below market lease rate
    • 50% lower taxes than competing retail at Denver West
    • Highly visible from 6th Avenue, I‑70 and Colfax Avenue
    • Regional Retail Site - Denver West Trade area
    • Located in Interplaza West with Home Depot, CarMax, Kohls, Jack in the Box, Independent Financial
    • May be acquired with adjacent land

    Overview

    This retail site is located in the Denver West trade area. The property benefits from high visibility, with 66,466 vehicles per day on 6th Avenue, 140,379 vehicles per day on I-70, and 27,378 vehicles per day on Colfax Avenue. It is situated in Interplaza West, alongside Home Depot, CarMax, Kohls, Jack in the Box, and Independent Financial. The property encompasses 20,593 square feet. Taxes are reportedly 50% lower than competing retail at Denver West. The property may be acquired with adjacent land.

    Local 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 $496.7k $24.12
    − Vacancy −$26.8k −$1.30
    EGI $469.9k $22.82
    − OpEx −$141.0k −$6.85
    NOI $328.9k $15.97
    20,593 SF · lease $24.12/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $4.70M
    $4.11M – $5.48M (±1% cap)
    NOI $328,917 @ 7.0% cap · market cap 6.03%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $45.83M
    $40.10M – $53.46M (±1% cap)
    NOI $3,207,881 @ 7.0% cap · market cap 58.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Golden
    County
    Jefferson
    State
    Colorado
    Longitude
    -105.319
    Latitude
    39.6329

    FAQs

    What type of property is this?
    Shopping center - Highly visible retail site with below market lease rate.
    Where is this shopping center located?
    The property is located at 16630 W Colfax Ave Golden, CO.
    What is the asking price?
    The asking price for this property is $5,454,471.
    What are key features of this property?
    This property features: Below market lease rate; 50% lower taxes than competing retail at Denver West; Highly visible from 6th Avenue, I‑70 and Colfax Avenue
    (303) 962-9530 Call to check price and availability
    More about this property
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