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Restaurant with Existing Kitchen
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9742 E Colfax Ave, Aurora, CO 80010

Restaurant improvements include a commercial kitchen, bar buildout, and supporting infrastructure for food-service operations.

Property Size3,999 SF
Price / SF$233.81
Days on Market98

Property Features for 9742 E Colfax Ave

General Information

Standard status Active
Size 3,999 SF
Property subtype Retail
Zoning OA-MS
Investment Type Owner/User

Site & Location

Neighborhood Del Mar Parkway
Listing Agency: Hoff & Leigh Denver
Listed By: Jayme Wilson · License #FA 100088653
Source: Crexi
Added: Jul 29 Changed: Oct 30 Last Checked: Nov 3 at 6:48AM

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 Hoff & Leigh Denver

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,999-square-foot restaurant property includes an existing commercial kitchen, bar buildout, and restaurant infrastructure. The improvements provide a built-out foundation for an owner-user seeking an established food-service configuration rather than an unfinished space. Zoning is OA-MS.

Located at 9742 E Colfax Ave in Aurora, Colorado, the property offers visibility along East Colfax and access to convenient public parking. The existing layout and improvements may support a restaurant operation or expansion of an established business, subject to applicable approvals and requirements.

Key Highlights

  • 3,999‑square‑foot restaurant property
  • Existing commercial kitchen in place
  • Bar buildout and restaurant infrastructure included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$56,596
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,920 $1.1M
Cap Rate 7%
$808,514 $808.5K
Cap Rate 9%
$628,844 $628.8K
Market Conditions
NOI Build-Up for 3,999 SF
Gross rent
$81.6K $20.40/SF
− Vacancy
−$6.1K −$1.53/SF
EGI
$75.5K $18.87/SF
− OpEx
−$18.9K −$4.72/SF
NOI
$56.6K $14.15/SF
Area
Aurora, CO
Vacancy
7.50%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,131,920
Cap Rate 7%
$808,514
Cap Rate 9%
$628,844

Alternative Uses

Best Use
Specialty Retail
$808.5K
$707.5K – $943.3K (±1% cap)
NOI $56,596 @ 7.0% cap · market cap 6.05%
Second Best
Industrial
$693.1K
$606.5K – $808.6K (±1% cap)
NOI $48,517 @ 7.0% cap · market cap 5.19%
Theoretical Best
Office A
$1.12M
$977.8K – $1.30M (±1% cap)
NOI $78,220 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Pharmacy

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

Location Intelligence

Trade Area within ½ mile

1,355
Businesses Nearby
61k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 20% Apparel 18% Groceries 10%
Little Caesars Pizza Dining
12,399 visits/mo 0.4 miles
Arc Thrift Store Apparel
11,212 visits/mo 0.2 miles
Conoco Shops & Services
7,807 visits/mo 0.5 miles
Wells Fargo Shops & Services
6,806 visits/mo 0.5 miles
Payless Liquors Groceries
6,099 visits/mo 0.2 miles

Demographics for 80010, CO

42,303
Population
15,394
Households
2.7
Avg Household Size
32
Median Age
19%
College-Educated
73%
High-School Grad
5.1 sq mi
ZIP Area
8,295
Density / Sq Mi
$60,755
Median Household Income
$36,349
Median Earnings
$1,400
Median Rent
$385,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant improvements include a commercial kitchen, bar buildout, and supporting infrastructure for food-service operations.
Where is this conventional restaurant located?
The property is located at 9742 E Colfax Ave Aurora, CO.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: 3,999‑square‑foot restaurant property; Existing commercial kitchen in place; Bar buildout and restaurant infrastructure included
(719) 722-8632 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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