Spaces For Lease

at 4609 E Colfax Ave

4609 E Colfax Avenue $20/SF/Yr

Floor Bldg

Size 3,803 SF

Type RETAIL

Lease Type NNN

Availability AVAILABLE, Now

Sublease No

The property offers off-street parking in the back and has recently undergone significant upgrades, including: a newly paved back lot (approximately 1,570 SF), a brand-new storefront, a roll-up door, brand new electrical panels, brand new HVAC system (equipped with enough power to cool a fully occupied restaurant), a brand new 1,200-gallon grease trap, a walk-in cooler, and new interior finishes and restrooms, ensuring it’s ready for a new user to make it their own. Reduced Lease Rate: $24.95 SF/YR + NNN’s ($5.15 SF) = $9,539/Month $20.00 SF/YR ($6,338.33/Month) + [ $1,324.71/Month for NNN’s ($4.18 SF) ] = $7,663.04/Month

Contact us

Listing Agency: Hoff & Leigh Show Phone

Listed By: Brandon Langiewicz · License #FA100067372 Show Phone

Source: Moodyscre

Added: Oct 28, 2024 Changed: Oct 3 Last Checked: Oct 15 at 2:09AM

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Investment Insights

Based on property information with market context.

This 3,803 SF retail space is located on East Colfax Avenue in Denver, Colorado, in the Park Hill neighborhood. The property, formerly a landmark restaurant, offers an opportunity for new operators. The property has off-street parking in the back. Recent upgrades include a newly paved back lot of approximately 1,570 SF, a new storefront, a roll-up door, new electrical panels, a new HVAC system, a new 1,200-gallon grease trap, a walk-in cooler, and new interior finishes and restrooms. The HVAC system is equipped with enough power to cool a fully occupied restaurant.

Key Highlights

• Newly remodeled 3,803 SF retail space in the Park Hill neighborhood on East Colfax Avenue.
• Significant recent upgrades including new HVAC, electrical panels, storefront, and interior finishes.
• Includes a new 1,200‑gallon grease trap and walk‑in cooler.

Property Analytics

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Current Use

Park Hill Handyman Hardware & Home Improvement

Suggested Use

Top Pick HVAC Service Electrical Service Barber Shop Big Box & Wholesale Store Daycare Center Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

$3.00 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,633

Businesses Nearby

81k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 68% Dining 30% Home Improvements & Furnishings 3%

Phillips 66 Shops & Services

21,236 visits/mo 0.4 miles

Taco Bell Dining

9,281 visits/mo 0.4 miles

Circle K Shops & Services

8,202 visits/mo 0.5 miles

Good Times Burgers & Frozen Custard Dining

8,161 visits/mo 0.5 miles

Conoco Shops & Services

7,550 visits/mo 0.4 miles

Demographics for 80220, CO

37,233

Population

17,675

Households

2.1

Avg Household Size

37

Median Age

66%

College-Educated

94%

High-School Grad

5.2 sq mi

ZIP Area

7,160

Density / Sq Mi

$101,961

Median Household Income

$61,568

Median Earnings

$1,621

Median Rent

$739,600

Median Home Value

Market

Lease Benchmarks for Denver, CO

$24.33 /SF/Yr

Avg Asking Price

$4.67–$42 /SF/Yr

Price Range

12,473 SF

Avg Space Size

This space is priced 18% below the average of $24.33 /SF/Yr.

Vacancy Rate% for Retail in Denver, CO

6.7% 2019

7.4% 2020

6.5% 2021

5.4% 2022

5.2% 2023

4.8% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - 3,803 SF retail space in Denver's Park Hill neighborhood.

Where is this retail space located?

The property is located at 4609 E Colfax Ave Denver, CO.

What is the lease rate?

The lease rate is $20 SF/Yr.

What are key features of this property?

This property features: Newly remodeled 3,803 SF retail space in the Park Hill neighborhood on East Colfax Avenue.; Significant recent upgrades including new HVAC, electrical panels, storefront, and interior finishes.; Includes a new 1,200‑gallon grease trap and walk‑in cooler.