JCRS Shopping Center
6451-6597 W. Colfax Avenue Lakewood CO
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Property Pictures

Historical Performance Details
- Acquisition DateJuly, 1995
- Total Project Size43,000 SF
- Acquisition Price$1,675,000
- Add. Capital Costs$155,000
- Total Cost$1,830,000
- Cost PSF$42.56
- StatusSold - Jun, 1998
- Sale Price$2,300,000
- Sale Price / SF$53.49
- Ave. Annual Return30%
- Albertson’s anchors the shopping center
- Value enhanced by immediate capital improvements and re-leasing several units at market rates
- Increased NOI by $75,000 within 12 months after closing


