14025 W Colfax Dr Lakewood, CO 80033
- Retail space
- 8,952 SF
- 1.36 lot acres
Current Use by Public Records
- Retail space
Property Details for 14025 W Colfax Dr
- Year built
- 2013
- Lot size
- 1.36 lot acres
- Property size
- 8,952 SF
- Property type
- Retail space
- APN
- 49-061-11-075
- APU
- 4906111075
Description
This exceptional 2,600-square-foot retail space is situated within a thriving Class A, 8,952-square-foot strip center at 14025 W Colfax Dr, Lakewood, CO 80401. Built in 2013, this single-story building boasts a convenient location in the Colorado Mills Shopping Complex, offering high visibility and significant foot traffic. The property features a fully built-out restaurant space, complete with a walk-in cooler, hoods, grease traps, and ample seating for 102 patrons indoors, plus additional outdoor seating on a private patio. This space is ideal for a quick-service restaurant (QSR) or other retail establishment seeking a high-traffic location. The property is zoned PD/M-E-S and sits on a 1.36-acre lot with 100 parking spaces. The building benefits from its proximity to major retailers such as Target and Regal UA Movie Theater, as well as Whole Foods, Marshalls, and Christy Sports. Current tenants in the immediate vicinity include Sleep Number, Birrieria Doña Maria Mexican Restaurant, Twin Peaks, The Keg Steakhouse & Bar, and Freddy's Frozen Custard & Steakburger. The property is offered at approximately $13 per square foot, with a triple net (NNN) lease structure. Note that there is an ongoing monthly fee to the City based on sales, and the property is subject to a development and improvement agreement (DWACC) which governs signage, modifications, and events. The property's address is 14025 W Colfax Dr, located at the cross streets of W Colfax Ave & Colorado Mills Pkwy, in Jefferson County (APN 459639). Power is 110V.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,665,000
- ML approach
- $2,870,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,005,000
- 6.5%
- $1,850,000
- 7%
- $1,720,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,679,000
Market price range: $1.24M - $4.16M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,645,000 Current use
- AUTO REPAIR, GARAGE
- $4,620,000 Change: +75% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $4,125,000 Change: +56% Conversion: Moderate
- RESTAURANT
- $3,975,000 Change: +50% Conversion: Easy
- OFFICE BUILDING
- $3,665,000 Change: +39% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,920,000 Change: +10% Conversion: Difficult
- INDUSTRIAL (GENERAL)
- $2,520,000 Change: -5% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Lakewood
- County
- Jefferson
- State
- Colorado
- Longitude
- -105.156
- Latitude
- 39.7363
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
