9210 W Colfax Ave 4,151 SF Retail Building Denver, CO 80215 $5,465,679 CAD ($1,316.71 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand new 15-year lease including three, five-year options
- Scheduled 3.0% annual rental increases throughout primary term and options
- Affluent demographics with an average household income of $114,367 within three miles
- Triple-Net (NNN) lease provides limited landlord responsibilities
- Positioned at signalized intersection of W Colfax Ave (31,900 VPD) and Garrison St (6,000 VPD)
- Densely populated area with 345,578 people and across 54,417 households within three miles
EXECUTIVE SUMMARY
Blue West Capital is pleased to exclusively offer for sale a single-tenant REVA Dental Implant Center located in Lakewood, CO (Denver MSA). The property is positioned at the highly trafficked intersection of W Colfax Ave (31,900 VPD) and Garrison St (6,000 VPD) with bi-directional access from each street.
REVA will operate on a 15-year triple-net (NNN) lease offering minimal landlord responsibilities. The lease features 3.0% annual rental increases throughout the primary term and three, five-year options. REVA specializes in innovative dental implant solutions, utilizing their proprietary All-On-4 procedure. In addition to this location, REVA operates two locations in Draper, UT and Gilbert, AZ and has plans to expand to an additional 3-4 locations in Chicago and Indianapolis.
REVA will operate on a 15-year triple-net (NNN) lease offering minimal landlord responsibilities. The lease features 3.0% annual rental increases throughout the primary term and three, five-year options. REVA specializes in innovative dental implant solutions, utilizing their proprietary All-On-4 procedure. In addition to this location, REVA operates two locations in Draper, UT and Gilbert, AZ and has plans to expand to an additional 3-4 locations in Chicago and Indianapolis.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
4,151 SF
Building Class
B
Year Built/Renovated
2011/2025
Price
$5,465,679 CAD
Price Per SF
$1,316.71 CAD
Cap Rate
6%
NOI
$327,808 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.47 AC
Zoning
M-G-U
AMENITIES
- Bus Line
- Drive Thru
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 49-032-01-009 | Improvements Assessment | $536,976 CAD |
| Land Assessment | $174,159 CAD | Total Assessment | $711,134 CAD |
