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lot 8 7201 Sheridan Blvd 6,464 SF Retail Building Westminster, CO 80003 $3,450,000 ($533.73/SF) 6.38% Cap Rate
Investment Highlights
- NNN Leases with Limited Landlord Responsibilities; Roof/Structure
- Quality Construction Delivered in 2017 Weighted Average Lease Term: 6.3 Years Remaining
- High Traffic Corridor; 39,000+ Cars per Day at Sheridan Blvd
- Tenant Responsibilities; Taxes, Insurance, Common Area Maintenance, and HVAC
- Denny’s has 2 Rent Increases Remaining in Primary Term Outstanding Location in Denver MSA, CO
- Affluent and Dense Pocket of Denver; 346,000+ Population and $101,000 Average Household Income within 5 Miles
Executive Summary
Introducing an exceptional investment opportunity in the thriving Denver MSA, CO area! Mountain View Plaza is a premier commercial property awaiting your interest. This confidential offering provides a glimpse into a lucrative prospect for the savvy investor. Dive into a confidential agreement to explore the potential of Mountain View Plaza This exclusive memorandum offers a sneak peek into the unmatched potential this property holds, promising a rewarding venture for the discerning buyer. Boasting strategic location benefits and promising growth opportunities within the vibrant Denver market, this property is a gem waiting to be discovered. Disclaimer: Information provided is a careful selection of key details and should be treated as a starting point for your investment consideration. Take the first step in securing your future with Mountain View Plaza. Make this property the cornerstone of your investment portfolio in the dynamic Denver market.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,464 SF
Building Class
B
Year Built
2017
Price
$3,450,000
Price Per SF
$533.73
Cap Rate
6.38%
NOI
$220,110
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.96 AC
Zoning
PUD
Parking
32 Spaces (4.97 Spaces per 1,000 SF Leased)
Frontage
190’ on 72nd Ave
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 29-364-23-055 | Improvements Assessment | $390,977 |
| Land Assessment | $265,906 | Total Assessment | $656,883 |
Property Taxes
Parcel Number
29-364-23-055
Land Assessment
$265,906
Improvements Assessment
$390,977
Total Assessment
$656,883
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lot 8 | 7201 Sheridan Blvd
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