10815 Jewell AveLakewood, CO 80232

Property Details for 10815 Jewell Ave

Year built

1980

Construction

STEEL FRAME

Lot size

2.35 AC

Property size (Sq ft)

19,682 SF

Property type

Retail properties

Property subtype

Retail space

APN

49-213-00-001

APU

4921300001

Description

Jewell Plaza Shopping Center presents a prime retail investment opportunity in Lakewood's vibrant West submarket. This single-story, 21,800 square foot strip center boasts a highly desirable location at the northeast corner of Jewell Avenue and South Kipling Parkway, offering exceptional visibility and accessibility. The center is strategically positioned across from established anchors including Walgreens and Safeway, ensuring high foot traffic and brand recognition. The property features 105 parking spaces, providing ample convenience for customers and tenants. Currently, there are two suites available, totaling 2,344 square feet of vacant space. Unit F offers 1,300 square feet of open retail/storefront space, ideal for a variety of uses, while Unit M provides 1,040 square feet with a convenient back storage area. The property also includes a larger suite (Unit P) previously configured with a waiting room, reception area, four offices, and ample storage. Built in 1980, the center sits on a 2.35-acre lot with a floor area ratio of 0.21. The minimum divisible space is 1,040 square feet, with a maximum contiguous space of 1,304 square feet. The property is anchored by a 7-Eleven, further enhancing its appeal and attracting a consistent flow of customers. Monument signage is available, providing excellent branding opportunities for tenants. This well-maintained property offers a compelling investment opportunity for businesses seeking high-traffic exposure in a thriving retail environment. The property's location and amenities make it an ideal choice for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $5,317,090

  6.5%

  $4,908,084

  7%

  $4,557,506

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,093,601

  Geo Method

  $4,097,840

• Alternative Use

  Use

  Valuation

  Residential

  $4,140,152

  Hospitality

  $3,792,357

  Educational

  $3,155,196

  Medical

  $3,263,708

  Retail

  $4,908,084

Location Insight

City

Lakewood

County

Jefferson

State

Colorado

Latitude

39.6828

Longitude

-105.119

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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