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Property profile & analytics
OFF-MARKET
Outlet malls

16501 Washington St Thornton, CO 80023-8971

55,795 SF 55.49 ac lot Built 2005
Entity Owned Absentee Owner Free & Clear
Property ID
US13-1257668
Property summary
AI-generated overview

This exceptional 4,008-square-foot retail building, situated in Thornton, Colorado's thriving Larkridge Outdoor Shopping Center, presents a unique owner-user opportunity. Built in 2007, this single-story, reinforced concrete structure boasts excellent visibility from Washington Street and a dedicated turn lane leading to a 35-space parking lot—a remarkable 7.12 spaces per 1,000 square feet. The property is conveniently located off I-25, providing easy access to both Downtown Denver and Longmont (named the fastest-growing city in the country in 2019 by SmartAsset), each a 23-minute drive. The building's former tenant, a bank, meticulously maintained the property. This vacant space benefits from a long-term ground lease with the Larkridge developer. The surrounding area has experienced significant growth, with a 46%+ population increase within a 5-mile radius over the past decade and a median annual household income nearing $120,000. The property enjoys high traffic volume due to its proximity to major retailers like Dick's Sporting Goods, Costco, and Home Depot, as well as popular restaurants such as Chili's, Famous Dave's, Chick-fil-A, and Buffalo Wild Wings (many sharing the ample parking lot). The location also benefits from the draw of nearby Colorado National Golf Club and Children's Hospital Colorado North Campus. This is a remarkable opportunity to acquire a well-maintained, high-visibility property in a rapidly expanding market. The property is located at 16501 Washington Street, Thornton, CO 80023, and is part of a center that sees approximately 27,000 vehicles per day.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2005
Total area 55,795 SF
Lot 55.49 ac (2,416,970 SF)
APN R0216937
UPID US13-1257668
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Department Of Trans State Of Colora
Department Of Trans State Of Colora
since 2025
Last sale
$210,510
1 recorded transaction
2025
$210,510
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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