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7700 E Colfax Ave

1,853 SF Retail Building Denver, CO 80220 £591,597 (£319/SF) 7% Net Initial Yield

Executive Summary

• Easy Access to Major Highways & Thoroughfares
• Large Signage and High Visibility
• Flexible Floorplan and Sizing Options
• Large Parking Lot
• Easy Access to Public Transportation
• Grease Trap and Hoods in Place
• Ability to Increase NOI by Renegotiating Below Market Rents on Billboard
• Future Development Upside
• New Roof Currently Being Installed (2024)

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
1,853 SF
Building Class
C
Year Built
1955
Price
£591,597
Price Per SF
£319
Net Initial Yield
7%
NOI
£41,412
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
E-MS-3
Frontage
124 ft on E Colfax Ave

Amenities

  • Bus Route
  • Pylon Sign
  • Signage
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

CrossFit
Starbucks
Koko FitClub
Chase
F45 Training South Park Hill
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6042-04-023
Land Assessment
£75,451
Improvements Assessment
£35,238
Total Assessment
£110,689
  • Listing ID: 33688181

  • Date on Market: 30/10/2024

  • Last Updated:

  • Address: 7700 E Colfax Ave, Denver, CO 80220

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