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5991 W COLFAX AVE Lakewood CO 80214-1829

[Locked] • APN 39-364-09-023

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Details
Property Type Retail
Sub Type Auto Shop
Building SqFt 6,298
Lot SqFt 68,048
Acreage ******
Number of Units 1
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code M-G-U
Year Built 1978
Building Count 1
Opportunity Zone No
Lease Type ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Retail
Property Subtype
Convenience Store, Gas Station, Storefront
Marketing Description

PLEASE VISIT THE PROPERTY WEBSITE TO DOWNLOAD FULL MARKETING PACKAGE:

https://themansourgroup.com/properties/310522/7-eleven

Investment 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 at a Signalized Hard Corner with Daily Combined Traffic Counts Exceeding 34k Vehicles.

  • Densely Populated and Affluent Area: Features an Average Household Income of $101k+ and over 460k People Residing within a 5-Mile Radius. Strong Gentrification in this Market moving Eastward.

  • Lakewood is One of the most Assessable Cities in Metro Denver, conveniently Located Along both Colfax Avenue, a Major East/West thoroughfare, as well as the Rtd W Line, which Runs all Day/ Seven Days a Week.

  • Bonus Depreciation - Significant Tax Benefits: Subject Property Qualifies for Tax Savings via Accelerated Depreciation and Cost Segregation.

  • Strong Tenant - The Company is Ranked #162 on Fortune Global 500 List with a S&P Investment Grade Credit Rating of “A” and an Annual Revenue of more than $78.50 Billion. 7-Eleven has never Defaulted on a Lease and Averages Over 43 Yrs Occupancy.

  • Site Benefits From Overflow Traffic From Nearby Attractions Like Sloan’s Lake, Edgewater Public Market, Empower Field at Mile High, Ball Arena and Colorado Convention Center on Event Days.

  • Within a Strong Retail Trade Corridor - Surrounded by Numerous National Retailers Including a Walmart Supercenter, The Home Depot, Target, King Soopers, Walgreens, Safeway, Natural Grocers and many more.

  • The Property is Located in Lakewood’s Artline District - the Artline is a Four-mile Long Interactive Walking and Biking Arts Route that Connects Parks, Transit and Historic Neighborhoods.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Type
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Mortgage Lender Name
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Loan Amount
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Resale Flag
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Property Type
Property Type
Retail
Property Subtype
Auto Shop
Marketing Description
This rare urban infill property is conveniently located on one of Denver's most populated roads, Colfax Avenue as well as half a mile away from the Lamar RTD light rail station. The property is zoned M-G-U which allows for a variety of uses, such as, muti-family, retail, office, restaurant, and more. With the location being in a densely populated area with over 21,000 people living within one mile and 500,000 people living within 5 miles, this property won't be easily missed!
Investment Highlights
  • Rare urban infill property with high barriers to entry
  • Property is zoned M-G-U which allows for a variety of uses including multi-family, retail, office, restaurant, and more
  • Large 1.70-acre parcel at a signalized intersection
  • Successful used car dealership since 2004. Seller will vacate at closing
  • Sloan’s Lake is a popular Denver neighborhood with an abundance of redevelopment currently taking place
  • Colfax is a primary thoroughfare in Denver with traffic counts in excess of 32,000 vehicles per day
  • Densely populated with over 21,000 people living within one mile and almost 500,000 people living within five miles
  • Located a half mile from the Lamar RTD light rail station
  • Approximately 3 miles west of downtown Denver and notable landmarks such as the Capitol Building, Colorado Convention Center, Mile High Stadium, Pepsi Center, University of Colorado-Denver, Metropolitan State University of Denver, and the downtown CBD
  • Denver ranked #2 best place to live in the U.S. by U.S. News & World Report

Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Sold on
 BY:
BG
Brandon Gayeski
•••.•••.1627
•••ndon@•••••••••••••••.com
Sold on
 BY:
RE
Robert Edwards PRO
•••.•••.1630
••bert@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
AM
Alvin Mansour PRO
•••.•••.3184
•lvin@•••••••••••••••.com
Brokerage logo
Listing removed on
 BY:
DK
David Kern
•••.•••.3185
•avid@•••••••••••••••.com
Brokerage logo

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