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4609 E Colfax Ave 3,803 SF of Retail Space Available in Denver, CO 80220
Highlights
- New Grease Trap
- Landmark Location
- Off-Street Parking
- Newly Renovated
- High Traffic Count
- Seller Carry Financing Available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,803 SF | 3-5 Years | $31.38 CAD/SF/YR $2.61 CAD/SF/MO $119,330 CAD/YR $9,944 CAD/MO | Triple Net (NNN) |
1st Floor
Property offered for sale or lease. This is a rare opportunity to own your real estate! Seller Carry Financing Available! Hoff & Leigh is proud to present this well-appointed 3,803 SF retail space for sale or lease. This newly remodeled commercial property anchors the esteemed Park Hill neighborhood and is located on busy East Colfax Avenue in Denver, Colorado, just blocks from the high-traffic intersection of East Colfax Avenue and Colorado Boulevard. The site, formerly home to a landmark restaurant, presents an amazing opportunity for new operators looking to capitalize on the next era of this thriving submarket. The property offers off-street parking in the back and has recently undergone significant upgrades, including: a newly paved back lot (approximately 1,570 SF), a brand-new storefront, a roll-up door, brand new electrical panels, brand new HVAC system (equipped with enough power to cool a fully occupied restaurant), a brand new 1,200-gallon grease trap, a walk-in cooler, and new interior finishes and restrooms, ensuring it’s ready for a new user to make it their own. Reduced Lease Rate: $22.95 SF/YR + NNN’s ($5.15 SF) = $8,905.36/Month
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Fantastic location
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 3,803 SF | Gross Leasable Area | 3,803 SF |
| Property Type | Retail | Year Built | 1948 |
| Property Subtype | Restaurant |
| Total Space Available | 3,803 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,803 SF |
| Year Built | 1948 |
About the Property
Property offered for sale or lease. This is a rare opportunity to own your real estate! Seller Carry Financing Available! Hoff & Leigh is proud to present this well-appointed 3,803 SF retail space for sale or lease. This newly remodeled commercial property anchors the esteemed Park Hill neighborhood and is located on busy East Colfax Avenue in Denver, Colorado, just blocks from the high-traffic intersection of East Colfax Avenue and Colorado Boulevard. The site, formerly home to a landmark restaurant, presents an amazing opportunity for new operators looking to capitalize on the next era of this thriving submarket. The property offers off-street parking in the back and has recently undergone significant upgrades, including: a newly paved back lot (approximately 1,570 SF), a brand-new storefront, a roll-up door, brand new electrical panels, brand new HVAC system (equipped with enough power to cool a fully occupied restaurant), a brand new 1,200-gallon grease trap, a walk-in cooler, and new interior finishes and restrooms, ensuring it’s ready for a new user to make it their own. Reduced Lease Rate: $22.95 SF/YR + NNN’s ($5.15 SF) = $8,905.36/Month
- Bus Line
Nearby Major Retailers
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4609 E Colfax Ave
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