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The Shops at HighPointe Park - Denver MSA 9645 Washington St 10,956 SF 100% Leased Retail Building Thornton, CO 80229 $4,731,000 ($431.82/SF) 6.50% Cap Rate



Investment Highlights
- 100% leased, stabilized multi-tenant retail strip center
- NNN lease structures with limited landlord responsibilities
- Strong consumer engagement with 414,000+ annual visits
- Exposure to 62,000+ combined vehicles per day with immediate proximity to I-25 (156,000+ VPD)
- Scheduled rent increases provide built-in income growth
- Dense five-mile trade area with approximately 333,000 residents
Executive Summary
The center is occupied by a complementary lineup of daily-needs and service-oriented tenants including Jimmy John’s, Wingstop, Verizon Wireless, Jr. Smiles Children’s Dentistry, TCBY, and Crane Games. The property has demonstrated strong consumer engagement, generating over 414,000 annual visits*, supporting long-term income durability.
Strategically positioned along Washington St and East Thornton Pkwy, The Shops at HighPointe Park benefits from exceptional visibility and access, capturing more than 62,000 combined vehicles per day, with immediate proximity to Interstate 25 (156,000+ VPD). Washington St serves as one of Thornton’s primary north–south retail corridors, supporting consistent commuter and neighborhood traffic.
The surrounding trade area includes approximately 1,330,000 residents within five miles and average household incomes exceeding $115,000, supporting durable tenant demand. Located approximately 10 miles north of Downtown Denver, the property benefits from strong regional connectivity and long-term retail fundamentals.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
TCBY® is the original and most well-known frozen yogurt brand, leading the market in nutrition, taste and product quality. Serving communities nationwide for 40 years, TCBY® is a successful model that has fueled the growth of a thriving industry. TCBY, which currently has over 250 franchise locations worldwide, offers an extensive product line, with most yogurt flavors in varieties that are low in fat, nonfat, or no sugar added. TCBY® launched its unique frozen yogurt classification "Super FroYo" in 2011, which is still the most nutritious frozen yogurt product available in the market, as well as was the first brand to market Greek Frozen Yogurt. Also based in Broomfield, Colorado, TCBY® has been a frozen yogurt innovator from the day its first shop opened in Little Rock, Arkansas in 1981
Verizon Communications is a U.S.-based telecommunications company headquartered at 1095 Avenue of the Americas in New York City, with an additional historic address at 140 West Street. Formed in 2000 through the merger of Bell Atlantic and GTE, the company builds on industry roots that trace back to Baby Bell operators established after the Bell System breakup. Verizon provides wireless, broadband, and other communication services to consumer, business, and governmental markets. As a publicly traded company, it is listed on the New York Stock Exchange under the ticker symbol VZ. Over the years, Verizon has expanded its technological capabilities through investments in wireless spectrum, fiber-optic networks, and major acquisitions, including the purchases of AOL in 2015 and Yahoo in 2017. The company maintains significant operational infrastructure across the United States and internationally, supporting network development and service delivery. Verizon continues to evolve its network platforms and digital services as part of its long-term strategy in the communications sector.
Wingstop started in 1994 in Garland, Texas, when Antonio Swad created a wing-focused restaurant concept. The company began franchising in 1997, expanding its presence nationally. Wingstop's menu features classic and boneless wings, plus tenders and sandwiches in various flavors. The chain has grown substantially over the years through franchising and now has a significant global footprint. Wingstop continues to develop new products while maintaining its core chicken wing offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Accommodation and Food Services | - | - | Lorem Ipsum | Jan 0000 | |
|
Information | - | - | - | Jan 0000 | |
|
Accommodation and Food Services | - | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 1719-15-4-15-007 | Improvements Assessment | $614,800 |
| Land Assessment | $187,700 | Total Assessment | $802,500 |
Property Taxes
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The Shops at HighPointe Park - Denver MSA | 9645 Washington St
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