5991 W Colfax Ave - Freestanding FOR SALE
Denver, CO 80214 |
$12,675,000 USD
858-373-3184
5991 W Colfax Ave
Denver, CO 80214
HIGHLIGHTS
- 18 Year Absolute Net Lease (Zero Landlord Responsibilities) featuring 1.5% Annual Rental Increases Throughout the Initial Term and Options.
- Brand New 2025 Construction Featuring a Gas Station and Laredo Taco.
- Located along East Colfax Avenue, one of Denver’s Highest-Trafficked Commercial Corridors. Features Easy Access and Excellent Visibility.
- Densely Populated and Affluent Area: Features an Average Household Income of $101k+ and over 460k People Residing within a 5-Mile Radius.
- Lakewood is One of the most Assessable Cities in Metro Denver, conveniently Located Along both Colfax Avenue, a Major East/West thoroughfare.
- Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.
OVERVIEW
7-Eleven w/ Gas | 18 Year Absolute Net Lease | Less than Four Miles from Downtown Denver | w/ 1.5% Annual Increases | Brand New 2025 Construction | Extremely High Barrier to Entry Market | Bonus Depreciation | Signalized Hard Corner | Urban Infill High Quality Investment | Densely Populated & Affluent Area: 460k+ People living within a 5-Mile Radius
Colorado Broker of Record: Adam Lewis | 1144 15th St., Suite 2150 Denver, CO 80202 | P: (303) 328-2000 | Lic #: ER.100091205 | Firm Lic #: EC. 100048709 | Adam.Lewis@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$12,675,000 USD
PRICE/SF
$2,113 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
NEW 7-ELEVEN W/ GAS NEAR DOWNTOWN DENVER
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Service Station, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.59 AC
LAND SF
69,260 SF
ZONING
-
APN/PARCEL ID
39-364-09-023
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858-373-3184
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858-373-3184
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