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4900 E Colfax Ave 9,635 SF 100% Leased Retail Building Denver, CO 80220 $2,400,000 ($249.09/SF) 7.32% Cap Rate
INVESTMENT HIGHLIGHTS
- New bus lanes on Colfax under constructions which will give more visibility to retailers along Colfax
- Strong area development and demographics
- Many new multifamily projects under construction in the immediate vicinity
EXECUTIVE SUMMARY
• 100% leased asset
• 8,548 SF commercial + 1,087 SF residential duplex
• $13,200/yr management fee baked into the deal (NOI stated is true NOI)
• 8,548 SF commercial + 1,087 SF residential duplex
• $13,200/yr management fee baked into the deal (NOI stated is true NOI)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
9,635 SF
Building Class
C
Year Built/Renovated
1927/2025
Price
$2,400,000
Price Per SF
$249.09
Cap Rate
7.32%
NOI
$175,695
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.62
Lot Size
0.36 AC
Zoning
U-MS-3
Parking
8 Spaces (0.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Courtyard
- Pylon Sign
- Signage
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 6061-07-029 | Improvements Assessment | $289,210 |
| Land Assessment | $205,960 | Total Assessment | $495,170 |
PROPERTY TAXES
Parcel Number
6061-07-029
Land Assessment
$205,960
Improvements Assessment
$289,210
Total Assessment
$495,170
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4900 E Colfax Ave
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