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Westminster Plaza 7353-7399 Federal Blvd 98,975 SF 98% Leased Retail Building Westminster, CO 80030 $24,500,000 ($247.54/SF) 7.06% Cap Rate
Investment Highlights
- Strong Fitness Center Anchor - Anchored by VASA Fitness, one of the premier gyms within the region. Location ranks as one of the top fitness centers i
- Proximity to Mass Transit Station - Located within two blocks of the Westminster Station, a high-speed commuter rail station. Connects to Downtown/Uni
- Excellent Merchandise Mix with Strong National Tenancies - Complimentary line up of Food & Beverage, General Retail, Health & Beauty, Financial Servic
Executive Summary
CBRE’s National Retail Partners - Mountain, is pleased to offer to qualified investors the opportunity to acquire Westminster Plaza (the ‘Property’), a 98,975-square-foot Vasa Fitness anchored neighborhood center in Westminster, Colorado (north Denver MSA). Westminster Plaza is 97.8% leased to a complementary line-up of food & beverage, general retail, heath & beauty, financial services, fitness and veterinary care tenants, offering reliability and durability of passive cash-flow.
Located along Federal Boulevard, a primary north-south thoroughfare in the Denver MSA, Westminster Plaza is just two blocks from the Highway-36 interchange for easy access to Boulder and Denver metro areas. The trade area offers strong demographic densities with a population of over 136,561 and an average household income of $104,679 within a 3-mile radius.
Westminster Plaza is being offered free and clear on an ‘as-is, where- is’ basis.
Property Facts
Amenities
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Arts, Entertainment, and Recreation
- 56,127 SF
- -
- -
VASA was built on making people healthier and happier through fitness. They know gyms can be intimidating, but when people walk through their doors, they won’t find any one stereotype here. They are the gym where everyone belongs. They go out of their way to provide a supportive environment where people can try new things, meet new people, and build a community. They welcome members of all shapes, sizes, and fitness levels. They inclusive, non-judgmental atmosphere has helped them expand to states and become one of the top largest health club operators in the country. They meet their members where they are in their fitness journeys and provide the equipment, classes, Coaches, and resources they need to reach their goals.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Arts, Entertainment, and Recreation | 56,127 SF | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Divisible to 600A 925 SF and 600B 1,068 SF
- 1st Floor
- 1,750 SF
- Office
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 925-2,200 SF | Retail | In-Line | 30 Days |
| 1st Floor | 1,750 SF | Office | - | Now |
1st Floor
| Size |
| 925-2,200 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
1st Floor
| Size |
| 1,750 SF |
| Space Use |
| Office |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 925-2,200 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
Divisible to 600A 925 SF and 600B 1,068 SF
Nearby Major Retailers
Property Taxes
| Parcel Number | 1719-32-3-17-012 | Improvements Assessment | $1,975,000 |
| Land Assessment | $365,450 | Total Assessment | $2,340,450 |
Property Taxes
Presented by
Westminster Plaza | 7353-7399 Federal Blvd
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