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INVESTMENT HIGHLIGHTS
- Concrete Flooring and Concrete Foundation work done in 2024, Roof Redone in 2018
- Recent Improvements Include concrete work and exterior painting
- Proximity to Taco Bell, Arby's, 7-11, King Soopers/Kroger and more
- 230 Multi-Family units recently and 400 more on the way nearby
- Close proximity to major retail hubs; Colorado Mills, Westland Shopping Center
- Short Term Leases
EXECUTIVE SUMMARY
Pinnacle Real Estate Advisors is pleased to exclusively offer 11501 W Colfax a 4-unit retail center totaling approximately 4,070 sqft on a 10,000 sqft lot, including 8 dedicated on-site parking spaces—a rare combination of compact retail scale with functional vehicle access in a high-traffic corridor. Strategically situated along the bustling West Colfax Avenue (U.S. 40), the center enjoys excellent daytime vehicular exposure and walkability.
The property at 11501 West Colfax Avenue is located along one of Lakewood’s busiest commercial corridors, offering excellent visibility and high daily traffic counts. Situated just west of Denver in the rapidly developing Applewood neighborhood, the site benefits from close proximity to major highways including I-70 and US-6, as well as nearby access to RTD light rail stations. The surrounding area features a strong mix of national retailers, local businesses, and dense residential neighborhoods, making it an ideal location for retail, service, or redevelopment opportunities.
The West Colfax corridor has seen a surge in multifamily development both affordable and market-rate with over 230 units delivered and more than 400 units proposed or underway. This activity aligns with broader citywide trends: Lakewood has added nearly 3,872 multifamily units since 2018, while the Colfax Market Area itself has seen 111 units added between 2018–2024.
From a transportation standpoint, the property offers robust connectivity with frequent RTD bus service along Colfax Avenue, and convenient access to the W-Line light rail, enabling easy commutes for both customers and tenants. Further, the City of Lakewood’s ongoing West Colfax Transportation Safety Project—currently the largest infrastructure investment in the city’s history—is enhancing pedestrian infrastructure, lighting, sidewalks, and crossings, increasing safety and placemaking along this corridor
The property at 11501 West Colfax Avenue is located along one of Lakewood’s busiest commercial corridors, offering excellent visibility and high daily traffic counts. Situated just west of Denver in the rapidly developing Applewood neighborhood, the site benefits from close proximity to major highways including I-70 and US-6, as well as nearby access to RTD light rail stations. The surrounding area features a strong mix of national retailers, local businesses, and dense residential neighborhoods, making it an ideal location for retail, service, or redevelopment opportunities.
The West Colfax corridor has seen a surge in multifamily development both affordable and market-rate with over 230 units delivered and more than 400 units proposed or underway. This activity aligns with broader citywide trends: Lakewood has added nearly 3,872 multifamily units since 2018, while the Colfax Market Area itself has seen 111 units added between 2018–2024.
From a transportation standpoint, the property offers robust connectivity with frequent RTD bus service along Colfax Avenue, and convenient access to the W-Line light rail, enabling easy commutes for both customers and tenants. Further, the City of Lakewood’s ongoing West Colfax Transportation Safety Project—currently the largest infrastructure investment in the city’s history—is enhancing pedestrian infrastructure, lighting, sidewalks, and crossings, increasing safety and placemaking along this corridor
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,070 SF
Building Class
C
Year Built/Renovated
1941/2024
Price
$949,000
Price Per SF
$233.17
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
0.23 AC
Zoning
M-G-U - Mixed Use - General - Urban (M-G-U) - Mixed use zones are a combination of residential, commercial, and sometimes office or civic.
Parking
10 Spaces (2.46 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Blown
- Retailer
- -
-
$9.99
-
Lorem Ipsum
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Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Blown | Retailer | - | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 39-333-06-010 | Improvements Assessment | $105,462 |
| Land Assessment | $65,565 | Total Assessment | $171,027 |
PROPERTY TAXES
Parcel Number
39-333-06-010
Land Assessment
$65,565
Improvements Assessment
$105,462
Total Assessment
$171,027
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11501-11507 W Colfax Ave
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