
Central Colfax Shops
Multi-Tenant NNN Retail | 100% Occupied | Prime East Colfax Frontage
Marketing description
Blue West Capital is pleased to present Central Colfax Shops, a fully leased multi-tenant retail property located at the signalized intersection of E Colfax Avenue (26,000 VPD) and Elm Street in Denver, Colorado. The property is occupied by a mix of service retailers, a historic neighborhood bar, and a growing restaurant franchise, with several tenants operating at the site for more than a decade. Positioned along one of Denver’s most established retail corridors, the asset benefits from strong visibility, steady traffic counts, and growing neighborhood foot traffic.
Central Colfax Shops sits along East Colfax Avenue, a primary east–west corridor connecting Downtown Denver and Aurora. The surrounding trade area features dense residential neighborhoods, new multifamily development, and a strong base of local businesses driving daily retail demand. The property also benefits from convenient access to Colorado Boulevard, Monaco Parkway, I-70, and nearby employment centers including Rose Medical Center and Downtown Denver. The East Colfax Bus Rapid Transit system, beginning operations in 2027, will further enhance accessibility along the corridor.
Investment highlights
- NNN lease structures limit landlord responsibilities, with 3.0%–5.0% scheduled annual rent increases provide a strong hedge against inflation.
- Prominent location along E Colfax Ave (26,000+ VPD), a primary east-west corridor serving central Denver neighborhoods.
- $280 million East Colfax Bus Rapid Transit project expected to significantly increase pedestrian activity and commuter-oriented retail demand.
- Dense trade area with 200,000+ residents within a 3-mile radius, and average household incomes exceeding $172,000 within a 1-mile radius.
- Service-based and daily-needs retailers generate consistent repeat traffic from the immediate trade area.
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