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Property profile & analytics
FOR LEASE
Retail space

195 S Union Blvd Lakewood, CO 80228

17,730 SF 1.49 ac lot Built 1977
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US13-0114468
Property summary
AI-generated overview

Union One, located at 195 S Union Blvd, Lakewood, CO 80228, offers a diverse range of office and retail spaces. This two-story, 21,971 square foot building, constructed in 1977 and renovated in 2006, features a single building with elevator access. The property offers flexible floor plans, with spaces ranging from a minimum of 1,696 square feet to a maximum contiguous space of 3,392 square feet. Currently, there is no vacant space. The building's design caters to various business needs, encompassing traditional, executive, and creative office spaces, as well as in-line retail and storefront options. Union One boasts excellent visibility, situated in a high-traffic area with over 42,000 cars passing daily. Ample on-site parking is available, including a covered garage, ensuring convenience for both employees and clients. The building's retail areas feature bright, open layouts with high ceilings and laminate flooring, creating an attractive environment for businesses. Monument and building signage opportunities are also available. This property is ideal for businesses seeking a well-maintained, conveniently located space with strong visibility and ample parking in the thriving Lakewood, Colorado market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1977
Construction STEEL FRAME
Total area 17,730 SF
Lot 1.49 ac (64,904 SF)
APN 49-084-00-017
UPID US13-0114468
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
AI Approach AI
$4.11M
CAP Approach CAP
$3.74M
Comparable Approach Comparable
$4.38M
Blend (final) Blend
$4.11M
Owner & transaction history
Union 1 LLC · 3 yrs held
Union 1 LLC
since 2023
Last sale
$4.1M
7 recorded transactions
2023
$4.1M
2006
$4.9M
2005
Price N/A
2004
Price N/A
2003
$1.3M
2003
Price N/A
2003
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $5.8M +0.9%
Commercial (general) $5.7M +0.6%
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