7950 W. Colfax Ave., Lakewood, CO
Flex/Retail/Warehouse-Nice Finishes-High Traffic
Marketing description
New $300,000 roof. Very well maintained property along busy West Colfax near Wadsworth Boulevard. Property is also available for lease (6,600 SF), with an above-market lease in the front half of the building for three years + extensions. Higher-end interiors; skylights and large windows flood the space with natural light, two offices/conference room; open production area; large kitchen/break area with dishwasher, refrigerator and oven/cooktop; clear-span warehouse with roll-up door to secure yard; two ADA-compliant bathrooms; covered, secured dock door with parking for two vehicles; wet sprinkler system; secured yard; plumbed area in warehouse for potential third bathroom; 38 parking spaces, 2 of which are for handicapped. High traffic counts and easy access to light rail and buses, the property is located in the desirable 40West Arts District, with a very active community association for local businesses and residents.
Investment highlights
Great income on more than half the building with a strong-credit tenant - $145,572 net annual rent. 5-year option to renew in 2/2028.
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