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5170 W 113th Ave - The Academy ECE of Westminster 13,118 SF Specialty Building Offered at $5,048,000 at a 6.35% Cap Rate in Westminster, CO 80031
Investment Highlights
- Corporate Guaranty from Top 10 Operator in the Country (110+ Locations)
- Located in the Highly Affluent Westminster, CO Market (Denver MSA)
- 17 Feeder Schools are Located Within a 3-Mile Radius
- New 20-Year Lease with 3.50% Annual Rental Increases
- Absolute Net Lease with Modest Rental Rate
Executive Summary
Endeavor Schools is a growing family of private schools that is united by the belief that families deserve schools that are worthy of their trust. Families deserve schools that are authentically committed to the safety, well-being and development of each child that they serve. Each of our schools is unique—and must be—in order to meet the specific needs of each local community.
Westminster is a vibrant Denver suburb situated between Denver and Boulder, with a population of approximately 116,000. The redeveloped Downtown Westminster, Orchard Town Center, and Westminster Promenade offer shopping, dining, and entertainment hubs. The city has also been named one of the most digital-savvy, cutting-edge communities in the nation, recognized for its extensive use of information technology. Westminster is surrounded by two of the state’s most active business corridors, combining a vibrant business community with an active Colorado lifestyle.
Westminster is a vibrant Denver suburb situated between Denver and Boulder, with a population of approximately 116,000. The redeveloped Downtown Westminster, Orchard Town Center, and Westminster Promenade offer shopping, dining, and entertainment hubs. The city has also been named one of the most digital-savvy, cutting-edge communities in the nation, recognized for its extensive use of information technology. Westminster is surrounded by two of the state’s most active business corridors, combining a vibrant business community with an active Colorado lifestyle.
Property Facts
| Price | $5,048,000 | Building Class | B |
| Price Per SF | $384.81 | Lot Size | 1.31 AC |
| Sale Type | Investment NNN | Building Size | 13,118 SF |
| Cap Rate | 6.35% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | School |
| Price | $5,048,000 |
| Price Per SF | $384.81 |
| Sale Type | Investment NNN |
| Cap Rate | 6.35% |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | B |
| Lot Size | 1.31 AC |
| Building Size | 13,118 SF |
| No. Stories | 1 |
| Year Built | 2001 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 1719-06-3-02-002 | Improvements Assessment | $791,500 |
| Land Assessment | $99,720 | Total Assessment | $891,220 |
Property Taxes
Parcel Number
1719-06-3-02-002
Land Assessment
$99,720
Improvements Assessment
$791,500
Total Assessment
$891,220
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5170 W 113th Ave - The Academy ECE of Westminster