5091 Kipling StWheat Ridge, CO 80033

Property Details for 5091 Kipling St

Year built

2005

Lot size

5.99 AC

Property size (Sq ft)

18,656 SF

Property type

Retail properties

Property subtype

Strip malls

APN

39-164-06-022

APU

3916406022

Description

Arvada Ridge Market Place offers a unique opportunity to lease retail space within a thriving, nationally anchored shopping center. Built in 2005, this center comprises four single-story buildings totaling 35,582 square feet. Currently, one retail space of 3,600 square feet is available for lease. The center boasts a strong tenant mix, including a Super Target, AT&T, and Einstein Bros. Bagels, ensuring high foot traffic and visibility. Its strategic location, a half-mile from I-25, provides exceptional accessibility. Furthermore, the center benefits from its proximity to a significant residential population, with a 674-unit apartment complex directly adjacent, and a convenient light rail stop nearby. This combination of national anchors, high visibility, and excellent accessibility makes Arvada Ridge Market Place an ideal location for businesses seeking to establish or expand their presence in a rapidly growing area. The property's multiple-tenancy structure offers a diverse and vibrant shopping environment, attracting a wide range of customers. This prime retail space presents a compelling investment opportunity for businesses looking to capitalize on a strong existing tenant base and a highly desirable location. The single-story building design offers ease of access and ample parking for customers. The available space is well-suited for a variety of retail uses, providing flexibility for potential tenants.

• CAP approach

  CAP return

  Valuation

  6%

  $5,039,916

  6.5%

  $4,652,230

  7%

  $4,319,928

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,567,433

  Geo Method

  $3,884,224

• Alternative Use

  Use

  Valuation

  Residential

  $3,924,330

  Hospitality

  $3,594,666

  Educational

  $2,990,720

  Medical

  $3,093,575

  Retail

  $4,652,230

Location Insight

City

Wheat Ridge

County

Jefferson

State

Colorado

Latitude

39.7896

Longitude

-105.112

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].