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520 E Colfax Ave
Denver, CO 80203 Capitol Hill

$2,975,000 USD

Storefront Retail Office For Sale  •  11,678 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 11,678 SF
  • Lot Size 0.36 AC
  • Building Class A
  • Year Built 1999
  • Cap Rate 6.00 %
  • Tenancy Multiple
  • Zoning C-MS
75 Transit Score
97 Walk Score

Highlights

NNN Lease with Minimal Landlord Responsibilities and Built-in 10% Rent Increases Every 5 Years. Recently Renovated with a New Roof.
Tenant Expanded to Occupy the Entire Building, Signaling Long-Term Commitment to the Site.
Located along East Colfax Avenue, one of Denver’s Highest-Trafficked Commercial Corridors. Features Easy Access and Excellent Visibility.
Nearby Metropolitan State University and the University of Colorado Denver bring a Continuous Flow of Students, Staff, and Academic Professionals.
Prime Central Denver Location with High Foot and Vehicle Traffic Exposure along a Major Thoroughfare, surrounded by Vibrant Commercial Activity.
Extremely Dense Denver Submarket with over 500k People Residing within a 5-Mile Radius. Affluent Area.
Cap Rate: 6.00 %

Major Tenants

Tenant SF Occupied Lease End Date
CityVet 8,000 SF 12/31/2032

Amenities

  • Corner Lot
  • Signage
  • Signalized Intersection

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.6 mi
Union Station: LoDo-Coors Field-16th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide)) 5 min - 1.7 mi
AirportDriveWalkDistance
Denver International 37 min - 24.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: Surface
Included in Rent: Yes
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap
Alvin Mansour 858-373-3184 The Mansour Group of Marcus & Millichap