Established Retail Location For
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26001 Main Street, Conifer, CO 80433
Well-established retail location with diverse inventory and exceptional customer service.
Property Size3,384 SF
Price / SF$472.81
Days on Market729
Property Features for 26001 Main Street
General Information
Standard status
Active
Size
3,384 SF
Property subtype
Retail
Building Details
Year Built
1956
Listing Agency:
West Metro Commercial
Listed By:
Brian Campbell · License #CO
Source:
Crexi
Added: Aug 13, 2024
Changed: Aug 11
Last Checked: May 12 at 9:56PM
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 West Metro Commercial
Investment Insights
Based on property information with market context.
This is a unique opportunity to own a well-established retail location, renowned for its diverse inventory and exceptional customer service. Located in a prime commercial area with high foot traffic, this business has built a loyal customer base over the years. The store offers a wide selection of firearms, ammunition, accessories, and a stunning array of fine jewelry. The property is a 3384 square foot retail space. Whether customers are looking for the latest in firearm technology or exquisite jewelry pieces, they will find it here. The sale of the business and inventory is separate from the sale of the real estate. The purchase of the business and its inventory does not include ownership of the physical property, which must be acquired through a separate transaction. Any prospective buyers should seek independent legal, financial, and professional advice to fully understand the terms and implications of purchasing the business, inventory, and real estate. All sales are subject to final approval and due diligence by the parties involved.
Key Highlights
- Well‑established retail location with a long‑standing reputation.
- Prime commercial area with high foot traffic.
- Diverse inventory including firearms, ammunition, accessories, and fine jewelry.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$54,050
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,081,000
$1.1M
Cap Rate 7%
$772,143
$772.1K
Cap Rate 9%
$600,556
$600.6K
Market Conditions
NOI Build-Up for 3,384 SF
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.
Gross rent
$81.6K $24.12/SF
− Vacancy
−$4.4K −$1.30/SF
EGI
$77.2K $22.82/SF
− OpEx
−$23.2K −$6.85/SF
NOI
$54.1K $15.97/SF
Area
Jefferson County, CO
Vacancy
5.40%
Lease Rate
$24.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,081,000
Cap Rate 7%
$772,143
Cap Rate 9%
$600,556
Alternative Uses
Best Use
Retail
$772.1K
$675.6K – $900.8K
NOI $54,050 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$7.53M
$6.59M – $8.79M
NOI $527,144 @ 7.0% cap · market cap 32.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
61k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 55%
Dining 32%
Shops & Services 12%
Beauty & Spa 1%
Safeway
Groceries
27,089 visits/mo
0.1 miles
Starbucks
Dining
10,329 visits/mo
0.2 miles
SONIC Drive In
Dining
9,090 visits/mo
0.1 miles
Safeway Gas
Shops & Services
7,209 visits/mo
0.0 miles
Natural Grocers
Groceries
6,625 visits/mo
0.1 miles
Demographics for 80433, CO
8,209
Population
3,578
Households
2.3
Avg Household Size
48
Median Age
57%
College-Educated
98%
High-School Grad
66.5 sq mi
ZIP Area
123
Density / Sq Mi
$128,580
Median Household Income
$73,650
Median Earnings
$2,651
Median Rent
$697,700
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 - Well-established retail location with diverse inventory and exceptional customer service.
Where is this retail space located?
The property is located at 26001 Main Street Conifer, CO.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Well‑established retail location with a long‑standing reputation.; Prime commercial area with **high foot traffic**.; Diverse inventory including firearms, ammunition, accessories, and fine jewelry.
