10800 Alameda Ave Lakewood, CO 80226-2605
This exceptional 6,880 square foot standalone retail building in Lakewood, Colorado, presents a lucrative investment opportunity. Located at 10800 W Alameda Avenue on a sizable 0.67-acre lot, the property boasts excellent street visibility and ample parking, catering to the needs of its tenants and customers. Currently fully leased at $16 per square foot, triple net (NNN), the building is divided into two distinct units. One unit is a gaming retail space complete with a commercial kitchen, while the other is a CBD warehouse. Both units are currently occupied by separate tenants, ensuring a stable income stream. The property has undergone recent and extensive renovations, encompassing a complete overhaul of essential systems. Improvements include a new water heater, updated sewer and water lines, a new air conditioning system, upgraded electrical wiring, enhanced insulation, modern lighting fixtures, and renovated restrooms. The sale also includes a shipping container situated on the property, adding further value. The flexible zoning allows for a variety of potential uses, making this a versatile and highly desirable investment. Situated in a thriving mixed-use neighborhood, this property offers a strong combination of location, income, and potential for future growth. The substantial recent improvements minimize future capital expenditure needs, maximizing the return on investment. This is a rare opportunity to acquire a fully leased, updated retail property in a prime Lakewood location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.