1039-1201 Main St - Retail FOR SALE


Windsor, CO 80550
$4,200,000 USD
970-690-4227
1039-1201 Main St, Windsor, CO for Sale
$4,200,000 USD
Retail - FOR SALE
1/8
null | Request Cap Rate

1039-1201 Main St
Windsor, CO 80550


OVERVIEW

Cushman & Wakefield, as exclusive advisors, is pleased to present the outstanding opportunity to acquire the Windsor Town Center (WTC), a perfect mix of retail on the main corridor in Windsor, Colorado. The 25,116 SF property is 99% leased with a mix of restaurant, medical, and retail tenants. Ownership has owned the asset since 2007 and enjoyed very high occupancy for the entirety of ownership while retaining some of the original tenants. Due to this hold strategy, the WTC has significant upside in rents with near term expiration in leases, with a Weighted Average Lease Term (WALT) of 2 years 5 months remaining. The blended average lease rate is 9% below market rents and new ownership can realize upside quickly with minor changes to the property.

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Windsor Tower Center I

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

125

LAND DETAILS

LAND ACRES

3.77 AC

LAND SF

164,221 SF

ZONING

G-C, Windsor

APN/PARCEL ID

R4267206

ASK ABOUT THIS PROPERTY

Jared GoodmanCushman & WakefieldMore Info
970-690-4227

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Jared GoodmanCushman & WakefieldMore Info
970-690-4227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.