New 15-Year Absolute NNN Ground Lease on 37K VPD Corner
Blue West Capital is pleased to offer for sale a single-tenant Take 5 Oil Change property located at 4545 W Colfax Ave, Denver, CO 80204.
The offering is located at the intersection of W Colfax Ave (37,200 VPD) and Vrain St, featuring excellent visibility and access from both streets. Take 5 signed a brand new 15-year absolute triple-net (NNN) ground lease with no landlord responsibilities, creating a stable and passive ownership opportunity. The lease is guaranteed by Founders Automotive Services Team (F.A.S.T.), the nation’s largest Take 5 Oil Change franchisee, with 52+ locations and 25+ more in the pipeline. F.A.S.T. was formed through the August 2026 merger of ClayCon Oil, Take 5’s 2023 Franchisee of the Year, and Take 5 Carolinas.
Positioned only 0.5 miles south of Sloan’s Lake, Denver’s second-largest park (290 AC), the immediate area includes many notable retail destinations, including the Edgewater Marketplace (5.5M annual visits), Alamo Drafthouse, Little Man Ice Cream Factory, Odell Brewing Sloan’s Lake Brewhouse, and more. The surrounding area boasts strong demographics, with 202,750 people living within three miles and an average household income of $140,975.
