9900 Colfax Ave Lakewood, CO 80215

This exceptional investment opportunity presents a brand-new, single-tenant Starbucks located at 9900 W Colfax Ave, Lakewood, CO. This 2,015 square foot building, constructed in 2024, sits on a 0.61-acre lot and boasts a double drive-thru – the first of its kind for Starbucks in Colorado. The property benefits from a strong 10-year net lease with a corporate guarantee from Starbucks, commencing September 18, 2024, and expiring February 28, 2035. The lease includes 7.5% rent bumps every five years and four (4) and five (5) year renewal options. The property's strategic location at the intersection of Kipling Street and W Colfax Avenue, two major thoroughfares, ensures high visibility and significant traffic volume (approximately 54,000 vehicles per day). This location is ideally situated on the "going-to-work" side of W Colfax Avenue, a primary route to downtown Denver (approximately a 15-minute drive). The property also benefits from proximity to Colorado Christian University (approximately 10,149 students), Lakewood High School (approximately 1,885 students), and the Denver Federal Center (a 4 million square foot office complex with over 6,000 employees), all within a 15-minute radius. The property currently enjoys 100% occupancy and generates a strong net operating income (NOI) of $190,015, resulting in a 5.25% cap rate. The asking price is $3,620,000. Strong demographics within a 3-mile radius further enhance the investment potential, with a population of 112,258 and an average household income of $117,989. This is a relocation store for Starbucks from an adjacent building, demonstrating their commitment to this location.