Lakewood, Colorado, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's strong economy and growing population of approximately 150,000 residents. With its proximity to Denver and the Rocky Mountains, Lakewood provides an ideal location for businesses to thrive. Retail Properties in Lakewood can represent a variety of investments, from strip centers and shopping malls to freestanding retail buildings and restaurants. These properties often benefit from the city's well-developed infrastructure, including major roads like Interstate 70 and US 6, as well as public services like the Jefferson County Public Library and the Regional Transportation District. Lakewood's natural landscape, featuring lakes and reservoirs like Bear Creek Lake and Kountze Lake, also contributes to its appeal. The city is home to several notable institutions, including Colorado Christian University, Rocky Mountain College of Art and Design, and the Colorado School of Trades, which attract visitors and support local businesses. Additionally, Lakewood's cultural attractions, such as the Lakewood Cultural Center and the 40 West Arts District, make it an attractive destination for tourists and locals alike.
Lakewood's Retail Properties For Sale offer a unique opportunity to invest in a city with a strong economy and diverse industries. With 35 Retail Properties currently available, investors can choose from a range of options to suit their needs. Nearby, Shopping Centers like Belmar provide a hub for retail and cultural activities, while Restaurants in Lakewood offer a diverse range of dining options. Office Properties in the city are also in high demand, thanks to the presence of major employers like the City of Lakewood and companies like Einstein Bros. Bagels and FirstBank. Hotels in Lakewood, such as those near the Federal Center station, cater to visitors and business travelers alike. With its many amenities, including hospitals like St. Anthony Hospital and parks like William Fredrick Hayden Park, Lakewood provides an attractive environment for businesses and residents alike. Overall, Lakewood's Retail Properties For Sale offer a compelling investment opportunity in a city that is well-positioned for growth and development.
What is the average cap rate for retail properties in Lakewood?
When it comes to retail properties in Lakewood, investors can expect an average cap rate of 6.84%, which is a key metric to consider when evaluating the potential return on investment. To learn more about how cap rates work and what they mean for your investment, check out our article on what is a cap rate, which provides a comprehensive overview of this important concept.
How do location and foot traffic affect retail property values?
In Lakewood, Colorado, the location and foot traffic of retail properties significantly impact their values. For instance, properties situated near major transportation hubs, such as the Federal Center station or along the W Line, tend to have higher values due to increased foot traffic and accessibility, with an average price per square foot of $397 USD and average size of 10,754 square feet.
