4956 E Colfax Ave
Denver, CO 80220
Colfax Shops · Retail Property For Sale

As exclusive adviser, Marcus & Millichap is pleased to present the opportunity to acquire The Colfax Shops, a 8,970 square-foot neighborhood retail property located in the middle of the newly revitalized East Colfax Corridor in Denver, Colorado. The property is 100 percent leased to internet-resistant, service-oriented tenants, all of which serve the needs of the affluent surrounding neighborhoods. The Colfax Shops are situated at a highly visible corner of East Colfax Avenue and North Elm Street. The property is situated on the hard corner and enjoys the benefits of a signalized intersection and heavy traffic counts of more than 28,000 vehicles per day. Also situated nearby are a number of desirable amenities including City Park, The Denver Zoo, The Denver Museum of Nature and Science, Rose Medical Center, Presbyterian St. Luke’s Hospital, and the National Jewish Health/Saint Joseph Hospital. The immediate retail properties near the Colfax Shops have experienced outstanding occupancy levels, with only a three percent average vacancy rate. The Property offers historical stability of cash flow with minimal management, along with future upside in growing lease rates in a supply-constrained market.