14025 Colfax DrLakewood, CO 80401

Property Details for 14025 Colfax Dr

Year built

2013

Lot size

1.36 AC

Property size (Sq ft)

8,952 SF

Property type

Retail properties

Property subtype

Retail space

APN

49-061-11-075

APU

4906111075

Description

This exceptional 2,600-square-foot retail space is situated within a thriving Class A, 8,952-square-foot strip center at 14025 W Colfax Dr, Lakewood, CO 80401. Built in 2013, this single-story building boasts a convenient location in the Colorado Mills Shopping Complex, offering high visibility and significant foot traffic. The property features a fully built-out restaurant space, complete with a walk-in cooler, hoods, grease traps, and ample seating for 102 patrons indoors, plus additional outdoor seating on a private patio. This space is ideal for a quick-service restaurant (QSR) or other retail establishment seeking a high-traffic location. The property is zoned PD/M-E-S and sits on a 1.36-acre lot with 100 parking spaces. The building benefits from its proximity to major retailers such as Target and Regal UA Movie Theater, as well as Whole Foods, Marshalls, and Christy Sports. Current tenants in the immediate vicinity include Sleep Number, Birrieria Doña Maria Mexican Restaurant, Twin Peaks, The Keg Steakhouse & Bar, and Freddy's Frozen Custard & Steakburger. The property is offered at approximately $13 per square foot, with a triple net (NNN) lease structure. Note that there is an ongoing monthly fee to the City based on sales, and the property is subject to a development and improvement agreement (DWACC) which governs signage, modifications, and events. The property's address is 14025 W Colfax Dr, located at the cross streets of W Colfax Ave & Colorado Mills Pkwy, in Jefferson County (APN 459639). Power is 110V.

• CAP approach

  CAP return

  Valuation

  6%

  $2,418,382

  6.5%

  $2,232,352

  7%

  $2,072,899

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,590,891

  Geo Method

  $1,863,828

• Alternative Use

  Use

  Valuation

  Residential

  $1,883,073

  Hospitality

  $1,724,885

  Educational

  $1,435,084

  Medical

  $1,484,438

  Retail

  $2,232,352

Location Insight

City

Lakewood

County

Jefferson

State

Colorado

Latitude

39.7363

Longitude

-105.156

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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