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12920 Lowell Blvd
Broomfield, CO 80020
NNN Broomfield Retail Center · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
- Pylon Sign
- Signage
ABOUT 12920 LOWELL BLVD , BROOMFIELD, CO 80020
Justin Krieger of Pinnacle Real Estate Advisors is pleased to present the Westlake Center, a 100% occupied neighborhood retail strip center. The property is occupied by established local tenants who are all on NNN (triple net) leases. The majority of the tenants have annual $1/SF rent increases, providing a strong inflation hedge. The Westlake Center is located in Broomfield, Colorado, an affluent Denver/Boulder suburb with average household incomes of $100K+. The property is located at the signalized intersection of Lowell Boulevard and Westlake Drive and has outstanding visibility and full turn access. The property is situated across from open space, providing a high barrier to entry for other retail projects, and is also surrounded by dense housing. Lowell Boulevard recently underwent a $7.66M expansion and beautification. New developments are already being built nearby, and the population is projected to grow by 8.46% by 2020. Contact listing broker for offering memorandum.
PROPERTY TAXES
| Parcel Number | 1573-29-3-25-002 | Improvements Assessment | $325,370 |
| Land Assessment | $210,020 | Total Assessment | $535,390 |
PROPERTY TAXES
