5240 W 78th Pl | Westminster, CO 80003
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5240 W 78th Pl
Westminster, CO 80003
Shapes of Tomorrow Montessori School · Retail Property For Sale
Investment Highlights
- Stable Income: New 5-year lease with an established Montessori school tenant.
- High Cap Rates: Attractive cap rates starting at 6.36% in Year 1, increasing to 7.46% by Year 5.
- Prime Location: Situated in Westminster, CO, a thriving community with a robust demand for childcare services.
- Growing Rental Income: 3% annual increases in years 3-5.
- Triple Net Lease (NNN): Tenant responsible for all operating expenses, reducing landlord responsibilities.
- Secure Tenant: Shapes of Tomorrow Montessori, a well-established tenant with a strong presence and reputation in the community.
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,527 SF
Building Class
C
Year Built/Renovated
1979/2020
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.58 AC
Zoning
PUD - Ideal for flexible mixed-use development, allowing for residential, commercial, and recreational spaces to create a cohesive community environment.
Frontage
100’ on W 78th Place
Amenities
- Fenced Lot
- Security System
- Signage
Property Taxes
| Parcel Number | 29-361-01-056 | Improvements Assessment | $50,858 |
| Land Assessment | $88,443 | Total Assessment | $139,301 |
Property Taxes
Parcel Number
29-361-01-056
Land Assessment
$88,443
Improvements Assessment
$50,858
Total Assessment
$139,301
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