5170 W 113th Ave - Schools FOR SALE


Westminster, CO 80031- East Westminster
$5,048,000 USD
303-328-2050
5170 W 113th Ave, Westminster, CO for Sale
$5,048,000 USD
Schools - FOR SALE
1/5
null | 6.35% Cap Rate

5170 W 113th Ave
Westminster, CO 80031
East Westminster


HIGHLIGHTS

  • Corporate Guaranty from Top 10 Operator in the Country (110+ Locations)
  • New 20-Year Lease with 3.50% Annual Rental Increases
  • Located in the Highly Affluent Westminster, CO Market (Denver MSA)
  • Absolute Net Lease with Modest Rental Rate
  • 17 Feeder Schools are Located Within a 3-Mile Radius

OVERVIEW

Endeavor Schools is a growing family of private schools that is united by the belief that families deserve schools that are worthy of their trust. Families deserve schools that are authentically committed to the safety, well-being and development of each child that they serve. Each of our schools is unique—and must be—in order to meet the specific needs of each local community. Westminster is a vibrant Denver suburb situated between Denver and Boulder, with a population of approximately 116,000. The redeveloped Downtown Westminster, Orchard Town Center, and Westminster Promenade offer shopping, dining, and entertainment hubs. The city has also been named one of the most digital-savvy, cutting-edge communities in the nation, recognized for its extensive use of information technology. Westminster is surrounded by two of the state’s most active business corridors, combining a vibrant business community with an active Colorado lifestyle.

FOR SALE DETAILS

PRICE

$5,048,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Academy ECE of Westminster

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.31 AC

LAND SF

56,981 SF

ZONING

-

APN/PARCEL ID

1719-06-3-02-002

ASK ABOUT THIS PROPERTY

Adam LewisMarcus & MillichapMore Info
303-328-2050

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Adam LewisMarcus & MillichapMore Info
303-328-2050

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