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16501 Washington St Thornton, CO 80023

4,008 SF Vacant Bank, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 4,008-square-foot retail building, situated in Thornton, Colorado's thriving Larkridge Outdoor Shopping Center, presents a unique owner-user opportunity. Built in 2007, this single-story, reinforced concrete structure boasts excellent visibility from Washington Street and a dedicated turn lane leading to a 35-space parking lot—a remarkable 7.12 spaces per 1,000 square feet. The property is conveniently located off I-25, providing easy access to both Downtown Denver and Longmont (named the fastest-growing city in the country in 2019 by SmartAsset), each a 23-minute drive. The building's former tenant, a bank, meticulously maintained the property. This vacant space benefits from a long-term ground lease with the Larkridge developer. The surrounding area has experienced significant growth, with a 46%+ population increase within a 5-mile radius over the past decade and a median annual household income nearing $120,000. The property enjoys high traffic volume due to its proximity to major retailers like Dick's Sporting Goods, Costco, and Home Depot, as well as popular restaurants such as Chili's, Famous Dave's, Chick-fil-A, and Buffalo Wild Wings (many sharing the ample parking lot). The location also benefits from the draw of nearby Colorado National Golf Club and Children's Hospital Colorado North Campus. This is a remarkable opportunity to acquire a well-maintained, high-visibility property in a rapidly expanding market. The property is located at 16501 Washington Street, Thornton, CO 80023, and is part of a center that sees approximately 27,000 vehicles per day.

Highlights

  • 4,008 SF retail building in Thornton, CO's Larkridge Outdoor Shopping Center.
  • Excellent visibility from Washington Street with dedicated turn lane and 35-space parking lot (7.12 spaces/1,000 SF).
  • Convenient I-25 access, near Downtown Denver and Longmont.
  • Well-maintained building with long-term ground lease.
  • High-growth area with 46%+ population increase within 5 miles in the last decade and median household income near $120,000.
  • High traffic volume due to proximity to major retailers (Dick's, Costco, Home Depot) and restaurants (Chili's, Famous Dave's, Chick-fil-A, Buffalo Wild Wings).

Property Details for 16501 Washington St

Property type
Retail properties, Banks
Square Feet
4,008 SF
Year Built
2007
Buildings
1
Stories
1

Location Insight

City
Thornton
County
Adams
State
Colorado
Latitude
39.9957728
Longitude
-104.9784289

FAQs

What type of property is this?
Retail property - 4,008 SF Vacant Bank, Prime Location
Where is the retail property located?
The property is located at 16501 Washington St Thornton, CO.
What are key features of this property?
This property features: 4,008 SF retail building in Thornton, CO's Larkridge Outdoor Shopping Center.; Excellent visibility from Washington Street with dedicated turn lane and 35-space parking lot (7.12 spaces/1,000 SF).; Convenient I-25 access, near Downtown Denver and Longmont.
How can I contact the broker?
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16501 Washington St
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