Colorado-Real-Estate-Journal_377667

Page 22 - December 20, 2023-January 2, 2024 www.crej.com Retail 5.5% cap rate with bonus for 2023 closing 4,050 SF rare hard corner highway location on I-25 NNN lease with NO owner responsibilities Bonus depreciation of 80% for year end closing! Sales are double the National average for 7-11 Jeffrey Hirschfeld, Ed.D. 303-454-5425 Trophy 7-11 Asset for Sale With Improved Pricing 52 W. 84th Ave., Thronton - $8,176,409 LEASE WITH OPTION TO BUY! 602 Cedar St., Hudson 4,792 SF building Retail/former restaurant features hood system, grease trap, new compressors, 3 walk-ins Three signs on building for high visibility Strong visibility when entering Hudson Tom Kaufman 303-454-5426 1528 Wazee Street Denver, CO 80202 n O: 303.623.0200 n F: 303.454.5400 n www.antonoff.com 5,500 SF lower level open loft/creative space 2 restrooms, storage/breakroom Easy access to/from Hwy. 85 On site parking New reduced rate & low NNN’s! Charles Nusbaum 303-454-5420 Retail/Creative Loft Space Available 5 S. 1st Ave., Brighton Multi-Family Development Opportunity For Sale S. Kalispell Way, Aurora 1.37 Acres already annexed and zoned! 1 APN but two parcels, Zoned for 2 – 24 unit buildings Minutes to I-225, Buckley AFB, Quincy and Aurora reservoirs Contract broker for more information Tom Kaufman 303-454-5426 Live /Work Home/Of ce For Sale - $430,000 8195 W. 14th Ave., Lakewood 1,548 SF building Corner property with ample paved parking Existing powered sign box Ready to move-in, renovate or develop! Living rm., dining rm., galley kitchen, 2-3 bdrms./of ces, 1.5 restrooms, Zoning: M-N-U Charles Nusbaum 303-454-5420 Historic LoDo Building For Lease 1810 Blake St. IMMEDIATE OCCUPANCY! 3,125 RSF – main oor Of ce or retail space on main oor Historic brick & timber with high ceilings 12 open workstations, 2 private of ces, hardwood oors Great street exposure & signage Motivated landlord - negotiable rate & term Doug Antonoff 303-454-5417 by Avalon Jacka DENVER – A hotel and retail development in the River North Art District welcomed multiple new tenants to its retail offerings. Several local artisans opened storefronts ranging between 1,000 and1,300squarefeetatTheSource Hotel + Market Hall ahead of the holiday season. Stockdale Capi- tal Partners, the Los Angeles- based owner of The Source, was represented in the lease transac- tions by The Zall Co., while the tenants were unrepresented. Moda Pink by Velart Denver Co. opened an art gallery featur- ing original portraits and mixed media by A. Michael Velazquez. The new art space sells a variety of products, including large-for- mat paintings, custom jackets and accessories. SwitchWood will sell premi- um, one-of-a-kind woodworked accessories created by Denver artist and designer Drew Storm Graham, including sunglasses, watches, bow ties, flasks and more. SwitchWood also opened a location over the summer in Dairy Block in Lower Downtown. Konbini, an immersive Japa- nese convenience store, offers snacks, authentic art and photog- raphy by Denver-based profes- sional photographer Jeff Fierberg. Fev’Co Chocolat will open at the Source in January. The store will carry French artisan choco- lates – including ganache, truffles, spreads and bars – as well as other desserts. Formerly an iron factory, The Source’s Market Hall features a collection of independent retail- ers and restaurants. The Source’s other retail stores include Beet & Yarrow, a gift store offering flo- ral designs, ceramics, stationery, houseplants and home goods, and BarberX, a six-seat barber- shop. The Source is also home to several restaurant options, including Israeli restaurant Safta, sushi restaurant Temaki Den, and specialty bakery Reunion Bread. The Source Hotel includes 100 guest rooms with a Scandinavian- meets-Japanese design aesthetic. Other News n METRO DENVER – NavPoint Real Estate Group facilitated several retail deals on the Front Range. Merceditaz LLC purchased a 15,880-square-foot retail build- ing at 9880 W. Girton Drive in Lakewood from Ycubed Invest- ments for $1.2 million. Situated on 1.45 acres near the intersec- tion of West Hampden Avenue and South Kipling Parkway, the retail center provides high vis- ibility to westbound Hampden traffic. The property also reports high daytime foot traffic due to its proximity to Bear Creek High School. Brent Ham of NavPoint r e p r e s e n t e d the seller, and Vanessa Valen- zuela of Gala Realty Group represented the buyer. C l u e C l o c k Escape Rooms LLC leased 1,464 sf of retail space at 7437 Village Square Lane, Suite A115, in Castle Pines. Jeff Bran- don and Ham of NavPoint repre- sented the undisclosed landlord. Brent Hanes of Berkshire Hath- away HomeServices represented the tenant. The lease term is 63 months. Bella Vista Salon expanded its lease to include an addition- al 1,274 sf at 611 N. Wilcox St., Suite D, in Castle Rock, while also extending its term in Suite C for an additional 10 years. The salon now occupies 2,611 sf at the retail center. Jordan Burgess and Matt Call of NavPoint represented the undisclosed landlord, while the tenant was unrepresented. n LITTLETON – A strength and conditioning gym has leased 3,600 sf near the intersection of South Broadway and East Dry Creek Road. Always Training LLC, doing business as Carbon Strength and Conditioning, leased the space at 250 E. Dry Creek Road, Suite 110, from Dry Creek Station LLC. Jonathan Power of NAI Shames Makovsky represented the ten- ant. Graham Trotter and Sam Leger of Unique Properties rep- resented the landlord. Carbon Strength and Condi- tioning offers group fitness pro- grams featuring a combination of resistance training, cardiovascular exercises and functional move- ments, according to its website. The fitness concept’s first location will open by the end of the year. n METRO DENVER – Axio Commercial Real Estate bro- kered numerous retail leases in the Denver metro area. La Morena Family Restau- rant signed a 10-year lease for a 5,673-sf restau- rant space off Interstate 225 and East Missis- sippi Avenue in Aurora. David Schneider of Axio Commer- cial represented the undisclosed The Source opens new tenant spaces ahead of holidays The Source welcomed four new tenants to its Market Hall retail options. Please see Axio, Page 46 Brent Ham David Schneider