8020 Federal Blvd - Storefront Retail/Office FOR SALE


Westminster, CO 80031- East Westminster
$2,499,000 USD
720-683-0399
8020 Federal Blvd, Westminster, CO for Sale
$2,499,000 USD
Storefront Retail/Office - FOR SALE
1/21
null | 7.69% Cap Rate

8020 Federal Blvd
Westminster, CO 80031
East Westminster


HIGHLIGHTS

  • NNN Leases, 100% Occupancy, Long-Terms Stable Tenants
  • 12 Units (11 units 760-845 SF, 1 unit 1250 SF)
  • NOI (Current): $192,180. CAP Rate (Current): 7.69%.
  • 10,070 SF Gross Leasable Area
  • 2 Parking Lots: 0.45 Acre Lot Size (19,602 SF)
  • High Traffic Count and Visibility on Federal Blvd

OVERVIEW

Prime investment opportunity. NNN leases, 100% occupancy. Hoff & Leigh is excited to present this stable multi-tenant retail property For Sale at 8020 Federal Boulevard, situated in Westminster only 15 minutes from Downtown Denver between Denver and Boulder. This property consists of two buildings with two parking lots and features 12 retail units with a diverse tenant mix providing steady rental income. With Westminster’s growing population and attraction (350+ units under construction in the vicinity), this property benefits from high car counts, consistent foot traffic, strong tenant demand, and long-term value appreciation. This investment property currently generates a Net Operating Income (NOI) of $192,180, and a current capitalization rate (Cap Rate) of 7.69%. Additional parking lot provides potential for extra income: EV charge, foodtruck, etc.. Hoff & Leigh property listing website: https://www.hoffleigh.com/listing/8020-federal-boulevard/ For more info, please call Michael Crawford: (720) 683-0399, Mcrawford@HoffLeigh.com • $2,499,000 ($248/SF) • 10,070 SF Gross Leasable Area • 0.45 Acre Lot Size (19,602 SF) • NOI (Current): $192,180 • CAP Rate (Current): 7.69% • 12 Units (11 units 760-845 SF, 1 unit 1250 SF) • 100% occupied (#1-10 indiv. metered) • 2 Buildings (One 1-story, One 2-story) • Most Units Recently Updated • NNN leases: Stable, Diverse, Long-Term Tenant Mix • 2 Parking Lots (40 Spaces) • Monument Signage (Double-Sided, Illuminated) • Base Rent Annual Escalations (3-5%) • Roof Great Condition (less than 10yrs old) • High Traffic Count and Visibility on Federal Blvd • Growing Market in Westminster (350+ rooftops under construction within 1mi) • 1976 Build (Masonry) • Zoning: B-1 (Westminster)

FOR SALE DETAILS

PRICE

$2,499,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

7.69%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

B-1 (Westminster)

APN/PARCEL ID

1719-29-4-04-005

ASK ABOUT THIS PROPERTY

Michael CrawfordHoff & Leigh DenverMore Info
720-683-0399

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Michael CrawfordHoff & Leigh DenverMore Info
720-683-0399

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