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10160 W 50th Ave 14,400 SF 100% Leased Retail Building Wheat Ridge, CO 80033 $6,979,600 CAD ($484.69 CAD/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Modern Façade & Tenant Signage: Updated storefronts and monument signage create a polished retail presence.
  • Proximity to Major Retailers: Surrounded by national tenants such as Target, Walmart, and Home Depot driving consistent traffic.
  • Efficient Site Layout: Thoughtful circulation design allows easy ingress/egress from both major cross streets.
  • Growing Submarket: Benefiting from ongoing residential and commercial development in the corridor.

EXECUTIVE SUMMARY

Blue Grass Commons Shopping Center at 10160 W. 50th Ave. in Wheat Ridge offers a strong investment opportunity in a well-established retail corridor. This multi-tenant retail center is strategically positioned with excellent visibility, steady traffic counts, and close proximity to I-70, making it a high-demand location for a variety of service-oriented and retail tenants.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
14,400 SF
Building Class
B
Year Built
2005
Price
$6,979,600 CAD
Price Per SF
$484.69 CAD
Cap Rate
6%
NOI
$418,776 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
1.89 AC
Opportunity Zone
Yes
Parking
75 Spaces (5.2 Spaces per 1,000 SF Leased)
Frontage
356’ on W 50th Ave

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Tenant Controlled HVAC

NEARBY MAJOR RETAILERS

Starbucks
7 Brew Coffee
Natural Grocers
SouthState Bank
Denny's
Anytime Fitness
Crossfit
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
39-164-04-003
Land Assessment
$708,401 CAD
Improvements Assessment
$1,071,296 CAD
Total Assessment
$1,779,696 CAD
  • Listing ID: 38136717

  • Date on Market: 2025-10-19

  • Last Updated:

  • Address: 10160 W 50th Ave, Wheat Ridge, CO 80033

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