Author: weststaradm

23,563 sf of Prime Warehouse Space Available for Lease

2501 Welton Street is now available for lease. This unique property is a 23,563-square-foot prime industrial warehouse that sits on the corner of Welton and 25th streets in lower, north central Denver. The property is in the heart of Five Points Historic Cultural District, formerly Welton Street Cultural Historic District, where new retail, entertainment, and hospitality developments are in rapid and dramatic growth, spreading throughout this area, as well as, the popular RiNo neighborhoods.

Market Overview – Explosive Growth

2501 Welton Street is situated in a relatively strong location where the surrounding areas, cultural districts, and expansion of commercial developments have shown a steady rise from its historic beginnings through today’s rapid and dramatic growth.

In the 1990s, the city of Denver invested redevelopment money into Five Points to attract business. In 1994, the first light-rail line in Denver (now known as the D Line) opened along Welton Street, and in 1995, Coors Field opened at the corner of 20th and Blake Streets on the boundary between LoDo and Five Points. These projects and others like them helped drive development northeast from LoDo into Ballpark, River North (later becoming known as RiNo or River North Art District), Curtis Park, and other parts of the larger Five Points neighborhood.

History is on the move yet again for this historic district of the Five Points community. Hundreds of millions of dollars are privately being poured into this cultural district and surrounding area neighborhoods in further commercial revitalization of older historic buildings along with a large amount of newer development projects.

• Competitive lease rate: $17 psf NNN
• Large windows for natural light
• Warehouse power in place: 480 volts
• Adjacent to 25th & Welton light rail stop
• Huge level of apartments in Five Points and RiNo
• Rapid dramatic growth occurring in surrounding areas
• 5 Dock High 8×10 Doors and 4 Drive in 14×14 Doors
• Onsite covered parking and free off-site street parking
• Warehouse facility is climate controlled

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

• 2,625 – 7,124 sf available for lease
• Automotive is allowed
• Adjacent to South Santa Fe Drive
• Easy access to C-470 nearby
• Includes two small offices
• Two bathrooms
• Three total drive-in doors
• One drive-in door oversized
• Allotted onsite parking

• Rare 2,625 – 7,124 sf industrial space
• Automotive is allowed on this property
• Asking rate: $10 – $12 psf plus NNN

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Owner will do an Owner Carry
Asking Price: $1,250,000
Building Size: 9,210 sf
Land Square Footage: 21,344 sf
Class C Medical Office Building
Zoning: MX-S (mixed use suburban)

• Multi-tenanted building, 100 percent leased
• Leases are mix of modified gross and NNN
• New roof, HVAC system installed in 2021
• Ample parking (3.37/1,000 sf)
• Seller will do an Ownder Carry

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Medical Space Now Available
Space Size: 1,800 sf
Asking Rate: $23 – $28 psf NNN
Class B Medical Office Building
Available As: Grey Shell Condition
Type: Medical Office

• Two-story medical office building in Glendale/Denver
• Available space for lease in Gray Shell Condition
• Medical janitorial included in NNN
• Secure building access
• Peaceful tree-lined outdoor environment
• Plenty of natural light from banks of windows
• Large parking lot for ample on-site parking
• Conference room available

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

This 15,800 square foot piece of vacant land is currently available for sale. Located on the SEC of W. Colfax Ave. and Reed St. in Lakewood, Colorado, 6990 West Colfax Avenue is loosely zoned for mixed-use, general and urban development (M-G-U). Plausible recommendations for development based on area size, amount of daily traffic and other formal demographics might include such businesses as a small cafe/bar, a liquor store, a quick service enterprise, a small apartment building, mixed-use retail, or small office as a few samplings of possibilities.

According to recently published yield, rental and occupancy rates for retail development which conforms to patterns of land use in this market area, such studies suggest demand is relevant and sufficient to support construction costs and to ensure timely absorption of additional inventory in this market. Thus, near-term speculative development of this site is potentially financially feasible according to such research.

Furthermore, with the nearby Wadsworth light rail station on Wadsworth Blvd. just south of West Colfax Ave. and with further growth in the area due to same, there is a greater potential for opportunity, especially in mixed-use, commercial/retail, as well as owner occupant build-to-suit retail or office space development.

Expansion in the Area – An Overview

6990 West Colfax Avenue is surrounded not only by established
neighborhood communities, but also by well-established and new enterprises that can have a direct influence on the success of this viable corner plot of land for sale in Lakewood, Colorado.

Amid significant improvements happening in recent years along the West Colfax corridor spanning from Sloan’s Lake to Wadsworth, this area is starting to attract capital willing to make a significant investment in this area.

A short distance west from this property is located the newer Wadsworth Blvd. light rail station, a Walmart Supercenter, and The Home Depot.

Slightly to the north and east is the famous Casa Bonita experience and restaurant that has been newly purchased and completely renovated inside. Further, such fast food chains as Burger King, Sonic Drive-in, Chipotle Mexican Grill, Viva Burrito, Arby’s, Panda Express to name a few have emerged. Nearing Sloan’s Lake area has emerged King Soopers, Target, Chick-fil-A, and Walgreens. Further movement has opened up Planet Fitness, Family Dollar and Key Bank.

This area is growing exponentially year by year. The land offering is well-suited for having a high visibility rating amid the high-density traffic volumes daily and from the large populations of homeowners and apartment dwellers.

Please do not hesitate to call us for more information regarding this opportunity that has just recently opened as land for sale.

15,800 sf – Land for Sale

Asking Price: $350,000 or 22.15 psf
Location: SEC W. Colfax Ave. & Reed St.
Gross Land Area: 0.36272 acres or 15,800 sf
Usable Land Area: 0.36272 acres or 15,800 sf
Usable Land %: 100%
Average Depth: 162.59 feet
Utilities: All are to the site
Topography: Level
Grade: At street grade
Visibility: Average to good
Zoning Jurisdiction: City of Lakewood
Zoning Classification: M-G-U (Mixed Use-General-Urban)
Other Info: Enterprise & Opp Zone

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Unit 103 For Sale | Lakemont Industrial Park

In Lakemont Industrial Park, located in Wheat Ridge, Colorado just off I-70 at 11919 W I-70 Frontage Rd N, an opportunity has just opened up: Unit 103 is for Sale. This 3,252 square foot 2-story flex office space is a rarity to find in this already packed industrial park. With easy access to I-70 this is not your typical flex property. It can be modified from a wall of glass into something more fitting the needs of your business with a drive in door. This space offers much for the asking price.

With plenty of onsite parking for customers with entrance from the ground floor, there are two office spaces, a bullpen, a fax/printer/counter area, conference room, huge storage space, and one ADA compliant bathroom on the main level. The mezzanine level, reached from the main floor, also offers an ADA bathroom, another large storage room, and five offices. Of note, the seller is willing to do an Owner Carry with a qualified buyer. Please give one of our brokers a call for greater detail on this rare opportunity in this industrial center.

• 2-story Flex Office Space for Sale, Unit 103
• Asking rate: $649,000
• Size of unit: 3,252 sf of space
• Two levels with entrance on main floor
• Main level: two offices, bullpen, conference room
• Mezzanine level: five large offices
• Bathrooms: in both main & 2nd levels, ADA compliant
• Storage: large storage spaces, both levels
• Security controlled & monitored
• Large windows bringing in natural light
• Close proximity to I-70
• Ample onsite parking
• Class of property: Industrial Flex
• Zoning: PID
• Property: Sprinkled
• Space has capacity to add drive in doors

What makes Unit 103 at Lakemont Industrial Park an unusual flex office space is that it can be altered quite readily into part office, part industrial space.

When solely used as office space, Unit 103 can serve its purpose well. But think of the possibilities of the blending of the two available options. With alteration, this property becomes a “kill two birds with one stone” type of venture. On top of which, the seller is willing to offer to do an Owner Carry with a qualified buyer. With these options available, why not give one of our helpful brokers a call to see just how uniquely rare this opportunity might be . . .

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Investment Property for Sale

Just north of East Colfax Avenue in Aurora, Colorado on the corner of Peoria Street and East 16th Avenue, a new investment opportunity  come on the market. A 7,400 square foot corner lot currently serving as a car wash can be of benefit to the potential investor as both a car wash revenue, and a business and investment possibility, especially since this area is still in a constant state of continued exponential growth.

Located a few blocks away on East Colfax is the large UC Health Anschutz Outpatient Pavilion, UC Health University of Colorado Hospital, and the UC Health University of Colorado Anschutz Medical Campus, which is considered to be the largest academic health center in the Rocky Mountain region.

The seller has completed $20,000 plus improvements on the current property. With these improvements, an investor can immediately begin collecting operating income from an established base through this car wash business while working on a complete redevelopment of the site. Included in the sale of this property will be a set of preliminary micro apartment multi-family plans and initial information from the city.

Please contact one of our brokers for the financials and for further details. This property has every potential of being a great investment opportunity, well worth investigating further.

Property: 1597 Peoria St.
Asking Price: $795,000
Lot Size: 7,400 sf MU –
Zoning: FB
Cap Rate: 7.98%
County: Adams

Peoria St. at E. Colfax Ave. S.: 31,632 VPD
Peoria St. at E. 19th Ave. S.: 32,625 VPD
E. Colfax Ave. at Peoria St. W.: 41,819 VPD

2010 Population
2 Miles: 73,732
5 Miles: 335,634
10 Miles: 944,407

2023 Population
2 Miles: 95,428
5 Miles: 404,917
10 Miles: 1,124,210

Median Home Value
2 Miles: $322,726
5 Miles: $362,710
10 Miles: $400,561

*Traffic Source: Traffic Metrix (2023)
*Demographics Source: CoStar Realty Information, Inc. (2023)

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Space Now Available: 1,376 sf
Asking Rate: $18 psf NNN
Construction: Newly Renovated Interior
Bathroom: 1

S. Parker Rd. (SH 83) at S. Parker Rd. S.: 55,617 VPD
S. Parker Rd. (SH 83) at E. Quincy Ave. N.: 53,108 VPD
S. Parker Rd. (SH 83) at E. Quincy Ave. S.: 74,329 VPD
E. Quincy Ave. at S. Parker Rd. W.: 38,500 VPD

2022 Population
2 Miles: 38,536
5 Miles: 375,162
10 Miles: 1,144,820

Median Age
2 Miles: 41.1
5 Miles: 37.5
10 Miles: 37.5

2022 Households
2 Miles: 16,430
5 Miles: 152,784
10 Miles: 465,153

Average HH Income
1 Mile: $98,996
3 Miles: $102,132
5 Miles: $112,234

*Traffic Source: Traffic Metrix (2023)
*Demographics Source: CoStar Realty Information, Inc. (2023)

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommerical.com

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.

Price Range: $17 psf to $23 psf with a triple net lease
Range of Space: 2,010 sf – 6,405 sf
Class A Medical/General Office Building Zone Classification: IP/PL-O

• Distinctive contemporary glass exterior
• Large amounts of natural lighting
• Located in an area called the Ridge of Southpark
• Magnificent interior with a modern lobby
• Class A Medical/General office building

Lev Cohen
720-880-2925 direct
720-232-4118 cell
lev@weststarcommercial.com

Sheldon Hayutin
720-880-2934 direct
303-888-8597 cell
sheldon@weststarcommercial.com

Information contained herein, while not guaranteed, is from sources believed reliable. Price, terms, and information subject to change.