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Investment Highlights
- 100% occupied with stabilized Year 1 NOI of $800,189
- Seven tenants with expirations staggered through 2033
- All leases NNN with 3% annual escalations, delivering organic rent growth
Executive Summary
17120 & 17132 West Colfax Ave
Golden, Colorado 80401
Premier 31,675 SF Multi-Tenant Retail Opportunity
100% NNN Leased Investment in Golden, CO
Lee & Associates is pleased to exclusively offer Interplaza West, a 31,675 SF multi-tenant retail center on W Colfax Avenue in Golden, Colorado. Offered at $13,000,000, the property represents an approximate 6.15% capitalization rate on stabilized Year 1 net operating income of $800,189.
The property consists of two single-story buildings on 2.67 acres in the Denver West retail submarket. All seven tenants operate under NNN leases with contractual rent escalations, generating over $1.19 million in annual gross revenue. The tenant roster spans national credit (Petco), national franchise (Great Clips), and established local operators across retail, health and wellness, and specialty uses.
The site commands over 18,500 vehicles per day on W Colfax Avenue, with additional exposure to W 6th Avenue (36,400 VPD). The surrounding trade area supports a five-mile population of 113,600 and average household incomes exceeding $136,000. Golden’s stable economic base, anchored by the Colorado School of Mines, Molson Coors, and NREL, underpins consistent retail demand along the corridor.
We would welcome the opportunity to discuss this investment in more detail. Please feel free to contact us at your convenience with any questions.
Golden, Colorado 80401
Premier 31,675 SF Multi-Tenant Retail Opportunity
100% NNN Leased Investment in Golden, CO
Lee & Associates is pleased to exclusively offer Interplaza West, a 31,675 SF multi-tenant retail center on W Colfax Avenue in Golden, Colorado. Offered at $13,000,000, the property represents an approximate 6.15% capitalization rate on stabilized Year 1 net operating income of $800,189.
The property consists of two single-story buildings on 2.67 acres in the Denver West retail submarket. All seven tenants operate under NNN leases with contractual rent escalations, generating over $1.19 million in annual gross revenue. The tenant roster spans national credit (Petco), national franchise (Great Clips), and established local operators across retail, health and wellness, and specialty uses.
The site commands over 18,500 vehicles per day on W Colfax Avenue, with additional exposure to W 6th Avenue (36,400 VPD). The surrounding trade area supports a five-mile population of 113,600 and average household incomes exceeding $136,000. Golden’s stable economic base, anchored by the Colorado School of Mines, Molson Coors, and NREL, underpins consistent retail demand along the corridor.
We would welcome the opportunity to discuss this investment in more detail. Please feel free to contact us at your convenience with any questions.
Property Facts
| Price | $13,000,000 | Number of Properties | 2 |
| Price / SF | $409.45 / SF | Individually For Sale | 0 |
| Cap Rate | 6.15% | Total Building Size | 31,750 SF |
| Sale Type | Investment NNN | Total Land Area | 2.67 AC |
| Status | Active |
| Price | $13,000,000 |
| Price / SF | $409.45 / SF |
| Cap Rate | 6.15% |
| Sale Type | Investment NNN |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 31,750 SF |
| Total Land Area | 2.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Interplaza West Shopping Center
17120 W Colfax Ave, Golden, CO 80401 |
Retail | 19,525 SF | 2001 | - |
|
Interplaza West Shopping Center
17132 W Colfax Ave, Golden, CO 80401 |
Retail | 12,225 SF | 2001 | - |
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