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Former Walgreens 7665 W Jewell Ave 13,659 SF of Retail Space Available in Lakewood, CO 80232
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,659 SF | Oct 2036 | $17.88 CAD/SF/YR $1.49 CAD/SF/MO $244,247 CAD/YR $20,354 CAD/MO | Modified Gross |
1st Floor
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
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 | 13,659 SF | Gross Leasable Area | 34,362 SF |
| Property Type | Retail | Year Built/Renovated | 1973/2015 |
| Total Space Available | 13,659 SF |
| Property Type | Retail |
| Gross Leasable Area | 34,362 SF |
| Year Built/Renovated | 1973/2015 |
ABOUT THE PROPERTY
PROPERTY OVERVIEW Rent*. $175,000/yr, Modified Gross *(inclusive of RET & CAM; R&M, insurance, utilities separate) Master Lease Expiration. 10/31/36 Walgreens Premises. ~13,659 SF + drive-through Parcel ID. 49-233-17-022 Signage. Shared pylon + building Access. FI/FO on Wadsworth & W Jewell via traffic signals Upgrades. 2 HVAC replacements in '23, Reroof in '20 Zoning. M-G-U, Lakewood - Map & Permitted Uses Prohibited Uses. Pharmacy, dispensary, restaurant, cocktail lounge, non-retail operation, banquet facility, church, sports facility, auto service, pool hall, or educational facility. LOCATION OVERVIEW Prime Location. Highly visible site at the NWQ of W Jewell & S Wadsworth — one of Lakewood’s busiest intersections. Strong Surrounding Demographics. Positioned within a dense residential area with nearby shopping centers, schools, and parks, driving consistent local traffic. Excellent Accessibility. Easy access from major thoroughfares and public transportation, enhancing customer and employee convenience. SUBLEASE TERMS* SUGGESTED RENT $175,000/yr (inclusive of RET & CAM; R&M, insurance, utilities are subT expenses) TERM 10/31/36 (Co-terminus with master lease) DELIVERY “As-Is” OFFERS EVALUATED AS RECEIVED Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
NEARBY MAJOR RETAILERS
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Former Walgreens | 7665 W Jewell Ave
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