4550 Wadsworth BlvdWheat Ridge, CO 80033

Property Details for 4550 Wadsworth Blvd

Year built

1978

Lot size

0.83 AC

Property size (Sq ft)

8,414 SF

Property type

Retail space

APN

39-231-10-013

APU

3923110013

Description

This 15,080 square foot retail center in Wheat Ridge, Colorado, offers two available spaces at 4550 Wadsworth Boulevard. Unit A, a 1,200 square foot end-cap unit, features an open area, a private office, a private bathroom, curtain racks for creating additional private spaces, a reception desk, and ample electrical outlets. The annual rent is $19.50 per square foot, plus $7.50 per square foot in NNN expenses, totaling approximately $2,700 per month. Unit H, a 2,200 square foot garden-level space, includes an open area, four private offices (two with large windows), two private bathrooms (one ADA compliant), two entrances, a kitchenette/breakroom, a reception area, two water fountains, a washroom, and a shared foosball table in the lobby. The annual rent for Unit H is $14.20 per square foot, totaling approximately $2,600 per month (full-service gross). The property boasts a prime location near I-70, providing excellent visibility and access. The center also offers monument signage and ample parking. Current tenants include a barbershop, chicken restaurant, salon, massage spa, gift shop, tattoo parlor, and gun shop. This is a highly desirable retail location with competitive rates.

• CAP approach

  CAP return

  Valuation

  6%

  $1,756,260

  6.5%

  $1,621,170

  7%

  $1,505,370

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,780,790

  Geo Method

  $722,971

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,147,010

  Mixed-Use / Specialty

  $1,621,220

  Hospitality / Lodging

  $1,197,020

  Office

  $1,617,650

  Institutional / Educational

  $1,687,490

  Residential Income

  $1,974,370

  Multifamily

  $2,335,640

  Automotive / Energy

  $1,446,420

  Parking / Income-Based Land

  $493,385

  Restaurant / Food Service

  $855,644

  Healthcare / Senior Housing

  $1,656,550

Location Insight

City

Wheat Ridge

County

Jefferson

State

Colorado

Latitude

39.7797

Longitude

-105.081

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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