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5151 W Colfax Ave
Denver, CO 80204

$14,416 USD/MO

Drugstore For Lease  •  13,568 SF

Property Details

  • Property Type Drugstore
  • Year Built 2006
  • Total Building Size 13,568 SF
  • Tenancy Single
  • Building Class C
50 Transit Score
85 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 13,568 SF $12.75 USD/SF/YR
  • Date available: Now
  • Lease term: None
  • Service type: Modified Gross
  • Built out as: Standard Retail
  • Space Type: Sublet

Description 

PROPERTY OVERVIEW
- Rent. $175,000/yr, Modified Gross (inclusive of RET; R&M, insurance, utilities are subT expenses)
- Master Lease Expiration. 11/30/35
- Walgreens Premises. ±13,650 SF + drive thru
- Signage. Building + dedicated pylon
- Intersection. NEC of W Colfax and Sheridan Blvd (~60K VPD)
- Access. RI/RO on W Colfax Ave and on Sheridan Blvd
- Parking. ~58 spaces
- Year Built. 2006 – HVACs replaced in ’20
- Parcel. 1.21 AC
- Zoning. C-MS-8, City of Denver – PERMITTED USES (see Section 7.4.4 of Urban Center Download Link)
- Prohibited Uses. Pharmacy

LOCATION OVERVIEW
- Just west of downtown Denver
- Dense population (86K w/in 2 mi) + high income area (AVG HH Inc ~$107K)
- High traffic area (~34K VPD on Sheridan Blvd; ~25K VPD on Colfax)
- High visibility and easily accessible

SUBLEASE TERMS*
- SUGGESTED RENT     $175,000/yr (inclusive of RET; R&M, insurance, utilities are subT expenses)
- TERM    11/30/35  (Co-terminus with master lease)
- DELIVERY   “As-Is”
- OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee

Property Flyers

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
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)) 9 min - 3.6 mi
Denver (California Zephyr - Amtrak) 10 min - 3.8 mi
Transit/SubwayDriveWalkDistance
Sheridan (W Line - Denver Regional Transportation District Light Rail (TheRide)) 1 min 8 min 0.4 mi
Lamar (W Line - Denver Regional Transportation District Light Rail (TheRide)) 3 min 19 min 1.0 mi
Perry (W Line - Denver Regional Transportation District Light Rail (TheRide)) 4 min 20 min 1.0 mi
AirportDriveWalkDistance
Denver International 39 min - 28.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 58
Type: Surface
Included in Rent: Yes
Mark Hollenbeck 844-767-3111 Retail Net Real Estate, LLC
Mark Hollenbeck 844-767-3111 Retail Net Real Estate, LLC