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16630 W Colfax Ave

20,415 SF Retail Building Golden, CO 80401 $5,454,471 ($267/SF) 7% Cap Rate

Investment Highlights

  • STNL Investment Opportunity Occupied by Duluth Trading Co. with Corporate Guarantee
  • Interplaza West has Substantially Lower Taxes Than Competing Retail at Denver West and Colorado Mills Mall
  • One of Only Three Duluth Trading Co. Stores in Colorado
  • Located in Interplaza West - Home Depot, CarMax, Kohls, Jack in the Box, Independent Financial, PetCo
  • Highly Visible From 6th Avenue (66,466 Vehicles Per Day), I-70 (140,379 Vehicles Per Day) and Colfax Avenue (27,378 Vehicles Per Day)
  • May be Acquired with Adjacent 95,288 Square Foot Lot

Executive Summary

Duluth Trading Company is an American workwear and accessories retailer. It's known for its durable, comfortable clothing designed for both men and women who lead active, work-intensive lifestyles. Their products include casual wear, workwear, and accessories, and they're particularly famous for their Longtail T-shirts, which are designed with an extra length to prevent them from becoming untucked.
Founded in 1989, Duluth Trading Co. began as a catalog and online retailer. Over the years, it has expanded into brick-and-mortar retail. The company is known for its humorous, often quirky marketing style, including amusing and innovative ads that emphasize the functionality and comfort of their products.
Duluth Trading Co. places a strong emphasis on quality, practicality, and durability in its product designs, catering to customers who value these attributes. The brand has developed a loyal customer base and has been steadily growing in popularity across the United States.
Duluth Trading Co. went public in 2015, trading on the NSADQ stock exchange under the symbol "DLTH."

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
20,415 SF
Building Class
B
Year Built
2007
Price
$5,454,471
Price Per SF
$267
Cap Rate
7%
NOI
$381,814
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Land Acres
1.60 AC
Zoning
PUD
Parking
160 Spaces (7.84 Spaces per 1,000 SF Leased)
Frontage
431 FT on I-70 Fwy

Amenities

  • Freeway Visibility

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
40-111-02-047
Land Assessment
$457,067
Improvements Assessment
$88,657
Total Assessment
$545,724
  • Listing ID: 32077608

  • Date on Market: 6/10/2024

  • Last Updated:

  • Address: 16630 W Colfax Ave, Golden, CO 80401

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