Retail Business for Sale in Lakewood, CO
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Lakewood, CO 80226
Description
Torchy’s Tacos was founded in Austin, Texas in 2006 by former corporate chef Michael Rypka, who was inspired by a love for tacos and a passion for experimenting with food to bring an untraditional taco experience to the people of Texas. The City of Lakewood is the fifth-largest city in the state of Colorado, situated within the Denver metropolitan area. Home to the W light rail line, Lakewood offers numerous opportunities for commercial and residential development with easy access to several major freeways. Investment Highlights: • Absolute Triple-Net Lease with Approximately 13 Years Remaining on Lease Term • Visible to Over 95,000 Cars Per Day via W Alameda Ave and S Wadsworth Blvd • 10 Percent Rental Increases Every Five Years - 5.50 Percent Cap in Two Years • Dense Trade Area in the Denver MSA - Approximately 380,664 Residents in the Surrounding Area • Directly Across from Belmar, an Outdoor Dining, Shopping, and Arts District Home to More Than 80 Stores and Restaurants • Centrally Located within a 15-Minute Drive of Downtown Denver, Colorado School of Mines (8,050 Students), and Denver Federal Center (Approximately 623 Acre Campus with Around 6,200 Employees) • Surrounded by National Tenants: Walgreens, Burlington, Best Buy, DICK'S Sporting Goods, Target, and More • Average Household Income Exceeds $102,000 within a Five-Mile Radius
Market Context
This retail in Lakewood, CO is listed for sale. It is offered at an approximate 5.5% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 68 days. Compare it against other retail listings for sale in Lakewood, CO — <a href="/search/sale/retail/colorado/lakewood">view the full market</a>.
As of Q1 2026, the Denver retail market showed a 4.4% vacancy rate, and cap rates around 6.7%. Source: Consensus Q1 2026 market report.
Its 5.5% asking cap rate is below the Denver retail market average of about 6.7%, reflecting premium pricing relative to comparable assets. Tight vacancy keeps competition for quality space elevated.
Retail market FAQ
- What is the typical cap rate for retail in Denver?
- About 6.7% as of Q1 2026, per Consensus.
- Is the Denver retail market tightening or softening?
- Vacancy is around 4.4% (Q1 2026).
Unified Estimate
Low Confidence$208.84/SF – $282.54/SF
Mid: $245.69/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Adam Lewis · (303) 328-2000
- Josh Sciotto · (602) 687-6647 · josh.sciotto@marcusmillichap.com
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