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4956 E Colfax Ave
Denver, CO 80220
Central Colfax Shops · Retail Property For Sale
Investment Highlights
- 100% occupied multi-tenant retail investment totaling 9,740 SF along East Colfax Ave
- Established neighborhood retail location with tenants generating consistent daily traffic
- Prime frontage along East Colfax Ave (26,000+ VPD), one of Denver’s primary east–west commercial corridors
- NNN lease structures with scheduled 3–5% rent increases providing inflation protection and limited landlord responsibilities
- Opportunity for future rent growth and value creation as leases roll over
- Adjacent to the future East Colfax Bus Rapid Transit (BRT) station, part of a $280M corridor infrastructure investment
Executive Summary
Blue West Capital is pleased to present the opportunity to acquire a 100% occupied multi-tenant retail investment located at 4924–4990 East Colfax Avenue in Denver, Colorado. The 9,740-square-foot property is positioned along one of Denver’s most established retail corridors connecting Downtown Denver and Aurora and is occupied by a mix of service-oriented tenants generating consistent daily traffic.
The property benefits from strong frontage along East Colfax Avenue (26,000+ VPD) and sits within a dense urban trade area surrounded by established residential neighborhoods and continued multifamily development. The corridor remains one of Denver’s most active retail and transit routes, supporting consistent neighborhood retail demand.
Central Colfax Shops is also adjacent to the future East Colfax Bus Rapid Transit (BRT) station, part of a $280 million public infrastructure investment expected to enhance accessibility and pedestrian activity along the corridor. The surrounding trade area includes average household incomes exceeding $172,000 within one mile, supporting long-term tenant performance and neighborhood retail demand.
The property benefits from strong frontage along East Colfax Avenue (26,000+ VPD) and sits within a dense urban trade area surrounded by established residential neighborhoods and continued multifamily development. The corridor remains one of Denver’s most active retail and transit routes, supporting consistent neighborhood retail demand.
Central Colfax Shops is also adjacent to the future East Colfax Bus Rapid Transit (BRT) station, part of a $280 million public infrastructure investment expected to enhance accessibility and pedestrian activity along the corridor. The surrounding trade area includes average household incomes exceeding $172,000 within one mile, supporting long-term tenant performance and neighborhood retail demand.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
9,740 SF
Building Class
C
Year Built
1936
Price
$4,446,265 CAD
Price Per SF
$456.50 CAD
Cap Rate
7.75%
NOI
$344,586 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.80
Lot Size
0.28 AC
Zoning
MS1
Frontage
Amenities
- Bus Line
Property Taxes
| Parcel Number | 6061-07-023 | Improvements Assessment | $275,364 CAD |
| Land Assessment | $275,364 CAD | Total Assessment | $682,942 CAD |
Property Taxes
Parcel Number
6061-07-023
Land Assessment
$275,364 CAD
Improvements Assessment
$275,364 CAD
Total Assessment
$682,942 CAD
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