Equipped Restaurant Building in
For Sale
$2,150,000
9604 Ralston Road, Arvada, CO 80004
Turnkey restaurant with transferable license, high-end build-out, and patio.
Property Size4,932 SF
Days on Market209
Property Features for 9604 Ralston Road
General Information
Standard status
Active
Size
4,932 SF
Property subtype
Retail
Taxes and HOA fees
Annual Taxes
$34,186
Building Details
Building Size
4,932 SF
Year Built
1972
Listing Agency:
Brokers Guild Real Estate
Listed By:
Elaine Chen · License #100041036
(720) 231-8887
Source:
Corken
Added: Mar 16
Changed: Oct 4
Last Checked: Oct 10 at 2:53AM
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 Brokers Guild Real Estate
Investment Insights
Based on property information with market context.
This is a fully equipped restaurant building located in Arvada. The turnkey restaurant offering includes all FF&E and a transferable Liquid License. The space features a complete, high-end build-out completed in 2024, and is currently configured as a successful Hot Pot concept. The current Hot Pot setup can remain, or the space can be easily converted to a different dining concept. The property includes an outdoor patio and is in close proximity to public transportation. It is situated on a high-visibility corner lot with excellent signage exposure and abundant on-site parking. The property is zoned MX-U (Mixed Use Urban District) and should be able to add a Drive-Thru (subject to City of Arvada verification). This zoning opens the door to a wide variety of alternative uses, including Daycare, Medical/General Office, School, Hotel/Motel, Brewery, or a Continuing Care Facility. The bike score is 28, indicating it is somewhat bikeable. The walk score is 23, indicating car-dependent. The transit score is 22, indicating minimal transit.
Key Highlights
- Turnkey restaurant opportunity with all FF&E included for immediate operation.
- Transferable Liquid License allows for immediate alcohol sales.
- High‑end build‑out completed in 2024**, currently configured as a successful Hot Pot concept.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,012
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,240
$1.6M
Cap Rate 7%
$1,114,457
$1.1M
Cap Rate 9%
$866,800
$866.8K
Market Conditions
NOI Build-Up for 4,932 SF
Gross rent
$112.4K $22.80/SF
− Vacancy
−$8.4K −$1.71/SF
EGI
$104.0K $21.09/SF
− OpEx
−$26.0K −$5.27/SF
NOI
$78.0K $15.82/SF
Area
Arvada, CO
Vacancy
7.50%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,560,240
Cap Rate 7%
$1,114,457
Cap Rate 9%
$866,800
Alternative Uses
Best Use
Specialty Retail
$1.11M
$975.2K – $1.30M
NOI $78,012 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.32M
$1.15M – $1.54M
NOI $92,327 @ 7.0% cap · market cap 4.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
741
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80004, CO
36,076
Population
15,447
Households
2.3
Avg Household Size
42
Median Age
44%
College-Educated
95%
High-School Grad
7.1 sq mi
ZIP Area
5,081
Density / Sq Mi
$99,576
Median Household Income
$57,604
Median Earnings
$1,771
Median Rent
$590,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Turnkey restaurant with transferable license, high-end build-out, and patio.
Where is this conventional restaurant located?
The property is located at 9604 Ralston Road Arvada, CO.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: Turnkey restaurant opportunity with all FF&E included for immediate operation.; Transferable Liquid License allows for immediate alcohol sales.; High‑end build‑out completed in 2024**, currently configured as a successful Hot Pot concept.
