2096 Colorado Boulevard Retail
  • Asking Price
    $3.4MAsking Price
  • Cap Rate
    5.25%Cap Rate
  • Price/SF
    $1,138.07Price/SF
  • Gross Leasable Area
    3,013 SFGross Leasable Area
  • Traffic Count
    41855Traffic Count
  • NOI
    $180KNOI

Description

2096 Colorado Boulevard is a fully occupied QSR retail property in Denver, CO, leased to Black Rock Coffee Bar. The 3,013 SF building occupies a 0.71-acre site, giving a buyer an operating retail location with in-place income rather than space to lease.

The property has 3,013 SF of gross leasable area and was built and renovated in 2025. Colorado Boulevard carries 41,855 AADT, making visibility to passing traffic central to the site’s retail position. Pylon signage identifies the business to drivers, while 18 parking spaces serve customers arriving by car. The parking ratio is 5.97 per 1,000 SF. For a QSR operator, those features connect the building to the practical demands of a customer-facing location: being seen from the road and accommodating visits on site. For the buyer, they describe the physical setting supporting the existing tenancy.

The asking price is $3,429,000, or $1,138.07 PSF. The property has a 5.25% in-place cap rate, $180,000 in-place NOI and $180,000/year in-place rents. Black Rock Coffee Bar’s lease is Absolute Net, with a 14 years WALT, positioning the transaction around an existing tenant and a defined income stream. The 100% occupancy keeps the investment focus on the current lease rather than a vacancy plan. At $4,829,577.46 per acre, the pricing also gives buyers a site-level measure alongside the building price. The case is a leased QSR property whose traffic count, signage and parking support its retail function while its lease and income define the investment.

Offering Summary

  • Asking Price
    $3,429,000
  • Price PSF
    $1,138.07
  • Price/Acre
    $4,829,577.46
  • Property Type
    Retail
  • Size
    3,013 SF
  • Occupancy
    100%
  • Properties
    1
  • Built
    2025
  • Parking
    18
  • Total Acres
    ~0.71 ac

Sale Details

  • Walt
    14 Years
  • Cap Rate
    5.25%
  • NOI
    $180,000
  • In-Place Cap Rate
    5.25%
  • In-Place NOI
    $180,000
  • GRM
    19.05

Documents

Property Address

2096 Colorado Boulevard
Denver, CO 80207

Property Details

  • Property Type
    Retail
  • Occupancy
    100%
  • Year Built
    2025
  • Year Renovated
    2025
  • Parking Ratio
    5.97 per 1,000 SF
  • Total Parking
    18
  • Lease Type
    Absolute Net
  • Gross Leasable Area
    3,013 SF
  • Traffic Count
    41,855 AADT
  • Acres
    0.71

Deal Team

Chris Peters profile image

Chris Peters

Managing Partner, Executive Committee
CP Partners
John Andreini profile image

John Andreini

Partner, Executive Committee
CP Partners