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Property profile & analytics
FOR LEASE
Strip malls

5091 Kipling St Wheat Ridge, CO 80033

18,656 SF 5.99 ac lot Built 2005
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US13-1399034
Property summary
AI-generated overview

Arvada Ridge Market Place offers a unique opportunity to lease retail space within a thriving, nationally anchored shopping center. Built in 2005, this center comprises four single-story buildings totaling 35,582 square feet. Currently, one retail space of 3,600 square feet is available for lease. The center boasts a strong tenant mix, including a Super Target, AT&T, and Einstein Bros. Bagels, ensuring high foot traffic and visibility. Its strategic location, a half-mile from I-25, provides exceptional accessibility. Furthermore, the center benefits from its proximity to a significant residential population, with a 674-unit apartment complex directly adjacent, and a convenient light rail stop nearby. This combination of national anchors, high visibility, and excellent accessibility makes Arvada Ridge Market Place an ideal location for businesses seeking to establish or expand their presence in a rapidly growing area. The property's multiple-tenancy structure offers a diverse and vibrant shopping environment, attracting a wide range of customers. This prime retail space presents a compelling investment opportunity for businesses looking to capitalize on a strong existing tenant base and a highly desirable location. The single-story building design offers ease of access and ample parking for customers. The available space is well-suited for a variety of retail uses, providing flexibility for potential tenants.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2005
Total area 18,656 SF
Lot 5.99 ac (260,938 SF)
APN 39-164-06-022
UPID US13-1399034
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
$9.86M
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.40M
Blend (final) Blend
$10.22M
Owner & transaction history
John Kilrow · 4 yrs held
John Kilrow
since 2021
Last sale
$10.8M
7 recorded transactions
2021
$10.8M
2018
Price N/A
2017
Price N/A
2010
Price N/A
2005
$2.7M
2004
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $7.6M +26.0%
Auto repair, garage $7.5M +23.4%
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More about this property
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