Conoco Car Wash Development Opportunity — Sale in Lakewood, CO

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Lakewood, CO 80226

Description

Marcus & Millichap is pleased to exclusively offer for sale a rare Dual Parcel Redevelopment Opportunity. Investment Highlights: • Rare dual-parcel development opportunity in a supply-constrained submarket • Direct frontage on S Kipling Pkwy with over 41,000 VPD • Located on a major Denver MSA thoroughfare serving daily commuter and retail traffic • Dual-Parcel Layout Supports Both Incremental and Full-Site Redevelopment • Barrier to Entry - New Lakewood ordinance restricts construction of new gas stations & car washes within ½ mile of existing locations, creating long -term value for existing locations

Market Context

This retail in Lakewood, CO is listed for sale. It has been on the market for 99 days. Compare it against other retail listings for sale in Lakewood, CO — view the full market.

As of Q1 2026, the Denver retail market showed a 4.4% vacancy rate, and cap rates around 6.7%. Source: multiple brokerage reports, Q1 2026.

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 multiple brokerage reports.
Is the Denver retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

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