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10128 Wadsworth Pky
Westminster, CO 80021
Retail Property For Sale
Investment Highlights
- New 15-Year Extension: 7-Eleven recently executed a new 15-year lease extension ahead of schedule
- Strong Rent Increases: The lease features 10% rental increases every 5 years during both the base term and option periods
- Dense & Affluent Trade Area: There are over 250,000 residents within five miles of the property with average household incomes $112,000
- NNN Lease: Tenant directly pays for CAM, taxes, insurance, and is also responsible for the roof and HVAC
- Excellent Access & Visibility: Prominent corner position at a signalized intersection along Wadsworth Pkwy
- Established Tenant History: 7-Eleven has been operating at this site since 1999, underscoring its long-term success and site stability
Executive Summary
Broker of Record
Brayden Conner
License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Brayden Conner
License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203
(866) 889-0550
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,030 SF
Building Class
B
Year Built
2000
Price
$4,950,000
Price Per SF
$1,633.66
Cap Rate
5%
NOI
$247,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.37 AC
Zoning
PUD, Westminster
Parking
18 Spaces (5.94 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Signalized Intersection
- Monument Signage
Property Taxes
| Parcel Number | 29-151-01-021 | Improvements Assessment | $191,482 |
| Land Assessment | $483,384 | Total Assessment | $674,866 |
Property Taxes
Parcel Number
29-151-01-021
Land Assessment
$483,384
Improvements Assessment
$191,482
Total Assessment
$674,866
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