840 Tabor St Lakewood, CO 80401-4700

This exceptional turnkey restaurant opportunity is located at 840 Tabor Street in Lakewood, Colorado, 80401. The 3,097 square foot property, built in 2004 and fully renovated in 2023, boasts a prime location with high traffic counts (33,689 vehicles per day on nearby Simms and 6th Ave) and strong demographics (average household income exceeding $100,500 within a 5-mile radius). The single-unit restaurant operates under a 10-year lease and currently enjoys 100% occupancy, generating a substantial net operating income (NOI) of $168,000 and an 8.51% cap rate. The asking price is $1,975,000 ($637.71 per square foot). The property is zoned M-G-S and benefits from a significant concentration of potential customers, including over 543 multifamily units and 433 hotel rooms within a half-mile radius. The restaurant features a full bar and a casual, family-friendly atmosphere, specializing in wood-fired pizza and barbecue. Its handcrafted Italian oven and outdoor patio contribute to its unique appeal and strong market position. This is a rare opportunity to acquire a well-established, high-performing restaurant with significant growth potential in a desirable location. The business is poised for continued success given its strong brand recognition, loyal customer base, and prime location within a thriving community.