840 Tabor St
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840 Tabor St
3,097 SF Retail Building Lakewood, CO 80401 £1,545,339 (£499/SF) 8.51% Net Initial Yield
Investment Highlights
- Recent full renovation in 2023
- Strong Demographics with $100,500+ household income in 5-mile radius
- 433 hotel rooms within ½ mile
- Traffic counts of 33,689 vpd on Simms and 6th Ave
- 543 multifamily units within ½ mile
Executive Summary
Campfire Lakewood is the second location of their popular wood-fired pizza and barbecue restaurant. They opened their doors in 2023 in response to the overwhelming demand for their delicious food and friendly service. Like their first location in Evergreen, Campfire Lakewood offers a casual and relaxed atmosphere, perfect for families and friends to gather and enjoy a delicious meal. Their pizzas are made in an oven that was handcrafted in Italy, and their barbecue is wood-fired.
This location also has a full bar, with a wide selection of beers, wines, and cocktails. With few restaurants offering a family friendly environment to relax on a patio or hang out around a fire, Campfire Lakewood is uniquely positioned for continued growth over the coming years as one of the best options to dine in Lakewood. Continuing to foster a warm, friendly and entertaining environment is the key to their initial success. With six different hotels in ½ mile and over 500 apartment units within walking distance, there’s a strong customer base to capitalize on close to the property
This location also has a full bar, with a wide selection of beers, wines, and cocktails. With few restaurants offering a family friendly environment to relax on a patio or hang out around a fire, Campfire Lakewood is uniquely positioned for continued growth over the coming years as one of the best options to dine in Lakewood. Continuing to foster a warm, friendly and entertaining environment is the key to their initial success. With six different hotels in ½ mile and over 500 apartment units within walking distance, there’s a strong customer base to capitalize on close to the property
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,097 SF
Building Class
C
Year Built/Renovated
2004/2023
Price
£1,545,339
Price Per SF
£499
Net Initial Yield
8.51%
NOI
£131,452
Tenancy
Single
Number of Floors
1
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 from retail, multi-family, office, school, wireless communications facility
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 | £97,789 |
| Land Assessment | £153,391 | Total Assessment | £251,180 |
PROPERTY TAXES
Parcel Number
49-054-01-063
Land Assessment
£153,391
Improvements Assessment
£97,789
Total Assessment
£251,180
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840 Tabor St
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