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Executive Summary
Lee & Associates is pleased to exclusively offer Interplaza West, a 31,675 SF multi-tenant retail center on W Colfax Avenue in Golden, Colorado. Offered at $13,000,000, the
property represents an approximate 6.15% capitalization rate on stabilized Year 1 net operating income of $800,189. The property consists of two single-story buildings on 2.67 acres in the Denver West retail submarket. All seven tenants operate under NNN leases with contractual rent escalations, generating over $1.19 million in annual gross revenue. The tenant roster spans national credit (Petco), national franchise (Great Clips), and established local operators across retail, health and wellness, and specialty uses.
The site commands over 18,500 vehicles per day on W Colfax Avenue, with additional exposure to W 6th Avenue (36,400 VPD). The surrounding trade area supports a five-mile
population of 113,600 and average household incomes exceeding $136,000. Golden’s stable economic base, anchored by the Colorado School of Mines, Molson Coors, and
NREL, underpins consistent retail demand along the corridor. We would welcome the opportunity to discuss this investment in more detail. Please feel free to contact us at your convenience with any questions.
Key Property Features
Fully Stabilized, NNN Income
-100% occupied with stabilized Year 1 NOI of $800,189
-All leases NNN with 3% annual escalations, delivering organic rent growth
-Seven tenants with expirations staggered through 2033
Premier Corridor Positioning
-36,000+ VPD on W Colfax Avenue; 360 feet of building frontage
-Signalized access at Corporate Drive with proximity to W 6th Avenue interchange
-Golden, CO: established Jefferson County community with high barriers to new retail supply
Affluent, Stable Trade Area
-$136,189 average household income within five miles; 21% of households earning $200K+
-113,600 residents within five miles; 63% owner-occupied housing
Active Leasing Upside
-Several tenancies below center-average rents offer mark-to-market opportunity at rollover
property represents an approximate 6.15% capitalization rate on stabilized Year 1 net operating income of $800,189. The property consists of two single-story buildings on 2.67 acres in the Denver West retail submarket. All seven tenants operate under NNN leases with contractual rent escalations, generating over $1.19 million in annual gross revenue. The tenant roster spans national credit (Petco), national franchise (Great Clips), and established local operators across retail, health and wellness, and specialty uses.
The site commands over 18,500 vehicles per day on W Colfax Avenue, with additional exposure to W 6th Avenue (36,400 VPD). The surrounding trade area supports a five-mile
population of 113,600 and average household incomes exceeding $136,000. Golden’s stable economic base, anchored by the Colorado School of Mines, Molson Coors, and
NREL, underpins consistent retail demand along the corridor. We would welcome the opportunity to discuss this investment in more detail. Please feel free to contact us at your convenience with any questions.
Key Property Features
Fully Stabilized, NNN Income
-100% occupied with stabilized Year 1 NOI of $800,189
-All leases NNN with 3% annual escalations, delivering organic rent growth
-Seven tenants with expirations staggered through 2033
Premier Corridor Positioning
-36,000+ VPD on W Colfax Avenue; 360 feet of building frontage
-Signalized access at Corporate Drive with proximity to W 6th Avenue interchange
-Golden, CO: established Jefferson County community with high barriers to new retail supply
Affluent, Stable Trade Area
-$136,189 average household income within five miles; 21% of households earning $200K+
-113,600 residents within five miles; 63% owner-occupied housing
Active Leasing Upside
-Several tenancies below center-average rents offer mark-to-market opportunity at rollover
Property Facts
| Price | $17,772,300 CAD | Number of Properties | 2 |
| Price / SF | $559.76 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 6.16% | Total Building Size | 31,750 SF |
| Sale Type | Investment | Total Land Area | 2.67 AC |
| Status | Active |
| Price | $17,772,300 CAD |
| Price / SF | $559.76 CAD / SF |
| Cap Rate | 6.16% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 31,750 SF |
| Total Land Area | 2.67 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Interplaza West Shopping Center
17120 W Colfax Ave, Golden, CO 80401 |
Retail | 19,525 SF | 2001 | - |
|
Interplaza West Shopping Center
17132 W Colfax Ave, Golden, CO 80401 |
Retail | 12,225 SF | 2001 | - |
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