Mixed-Use Event and Restaurant
9880 W Girton Drive, Lakewood, CO 80227
For Sale
$2,550,000
An equipped event center and restaurant are offered separately, with a liquor license included in the sale.
Property Size15,880 SF
Price / SF$160.58
Days on Market51
Property Features for 9880 W Girton Drive
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Restaurant
Equipment Included
Liquor License
Building Details
Year Built
Listing Agency:
Gala Group, LLC
(720) 666-3457
Listed By:
Vanessa Valenzuela · License #100097112
(720) 401-7959
Source:
Teamlassen
Added: Sep 17
Changed: Nov 6
Last Checked: Nov 6 at 2:54PM
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 Gala Group, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The mixed-use property contains 15,880 square feet and was built in 1980. Its event center and restaurant are fully equipped and available as separate offerings; the sale includes a liquor license for the event center and restaurant.
Located at 9880 W Girton Drive in Lakewood, the property is identified as a center-block building. The listing also indicates that lease information will be provided to an interested buyer.
Located at 9880 W Girton Drive in Lakewood, the property is identified as a center-block building. The listing also indicates that lease information will be provided to an interested buyer.
Key Highlights
- 15,880‑square‑foot mixed‑use property built in 1980
- Equipped event center and restaurant offered separately
- Liquor license included for the event center and restaurant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$227,600
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,552,000
$4.6M
Cap Rate 7%
$3,251,429
$3.3M
Cap Rate 9%
$2,528,889
$2.5M
Market Conditions
NOI Build-Up for 15,880 SF
Gross rent
$400.2K $25.20/SF
− Vacancy
−$36.0K −$2.27/SF
EGI
$364.2K $22.93/SF
− OpEx
−$136.6K −$8.60/SF
NOI
$227.6K $14.33/SF
Area
Lakewood, CO
Vacancy
9.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,552,000
Cap Rate 7%
$3,251,429
Cap Rate 9%
$2,528,889
Alternative Uses
Best Use
Specialty Retail
$3.42M
$2.99M – $3.99M
NOI $239,248 @ 7.0% cap · market cap 9.38%
Second Best
Mixed Use
$3.25M
$2.85M – $3.79M
NOI $227,600 @ 7.0% cap · market cap 8.93%
Theoretical Best
Office A
$4.76M
$4.16M – $5.55M
NOI $332,946 @ 7.0% cap · market cap 13.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
335
Businesses Nearby
Explore this area
Business Placement
Demographics for 80227, CO
35,567
Population
16,509
Households
2.2
Avg Household Size
39
Median Age
44%
College-Educated
93%
High-School Grad
10.8 sq mi
ZIP Area
3,293
Density / Sq Mi
$88,796
Median Household Income
$55,937
Median Earnings
$1,786
Median Rent
$535,000
Median Home Value
Market
Properties on Market for Mixed-use properties in Jefferson County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An equipped event center and restaurant are offered separately, with a liquor license included in the sale.
Where is this mixed-use property located?
The property is located at 9880 W Girton Drive Lakewood, CO.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 15,880‑square‑foot mixed‑use property built in 1980; Equipped event center and restaurant offered separately; Liquor license included for the event center and restaurant
