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INVESTMENT HIGHLIGHTS
- Prominent corner location at the intersection of Simms Street and 8th Place, with exposure to over 26,000 vehicles per day
- Flexible layout and zoning allow for a variety of uses including F&B, medical, general retail, or office
- Robust daytime population with more than 72,000 employees within a 3-mile radius
- Rare opportunity for an owner/user to secure a highly visible retail/office building along Simms Street
- High-income demographics with average household income greater than $130,000 within a 3-mile radius
- Flexible M-G-S zoning and select restaurant infrastructure
EXECUTIVE SUMMARY
Blue West Capital is pleased to exclusively offer for sale a former restaurant building located at a high-visibility hard corner in Lakewood, Colorado. This 3,097-square-foot freestanding building presents a rare opportunity for an owner-user or investor to acquire a flexible retail asset in a supply-constrained submarket.
The property is strategically located at the signalized intersection of Simms Street and 8th Place, benefiting from excellent visibility and exposure to more than 26,000 vehicles per day. The layout and zoning allow for a variety of potential uses including restaurant, medical, general retail, or office—making it an ideal repositioning or redevelopment play.
The surrounding area features strong demographics with an average household income over $130,000 and a daytime population exceeding 72,000 employees within three miles. Nearby demand drivers include St. Anthony Hospital, the Denver Federal Center, and Red Rocks Community College, all of which contribute to consistent consumer and employee activity.
The property is strategically located at the signalized intersection of Simms Street and 8th Place, benefiting from excellent visibility and exposure to more than 26,000 vehicles per day. The layout and zoning allow for a variety of potential uses including restaurant, medical, general retail, or office—making it an ideal repositioning or redevelopment play.
The surrounding area features strong demographics with an average household income over $130,000 and a daytime population exceeding 72,000 employees within three miles. Nearby demand drivers include St. Anthony Hospital, the Denver Federal Center, and Red Rocks Community College, all of which contribute to consistent consumer and employee activity.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,097 SF
Building Class
C
Year Built/Renovated
2004/2023
Price
$1,750,000
Price Per SF
$565.06
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.69 AC
Zoning
M-G-S - M-G-S: Mixed Use General Suburban allows for a variety of Permitted uses
Parking
39 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-054-01-063 | Improvements Assessment | $124,978 |
| Land Assessment | $196,039 | Total Assessment | $321,017 |
PROPERTY TAXES
Parcel Number
49-054-01-063
Land Assessment
$196,039
Improvements Assessment
$124,978
Total Assessment
$321,017
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