Overview
Pinnacle Real Estate Advisors is pleased to announce it has been retained as the exclusive marketing agent for a compelling retail investment opportunity located at 8601 Sheridan Boulevard in Westminster, Colorado.
This offering provides qualified investors the opportunity to acquire a well-positioned asset in one of Metro Denver’s fastest-growing suburban markets. The property benefits from adjacency to one of the largest transit-oriented developments in Colorado and generates strong in-place cash flow, making it a highly attractive investment in today’s market. Below-market rents and low NNN expenses contribute to exceptional tenant retention, with a weighted average lease term of 8.8 years and an average tenant tenure of 17.3 years, underscoring the stability of the income stream.
Investment Highlights
- 100% Leased By Three Tenants, All Exercised Early Renewals
- Shadow Anchored By Lowe’s
- Premier Location Directly Off Highway 36, Adjacent To The Rtd Park-And-Ride, And Across From The Downtown Westminster Redevelopment
- Strong Regional Retail Node Anchored By National Brands Including Lowe’s, Mcdonald’s, Arc Thrift Store, U-Haul, And Costco
- Exceptional Rent Roll Stability, With All Tenants Operating At The Center For 10+ Years
- Robust Traffic Counts With 45,000+ Vpd On Sheridan Blvd And 143,000+ Vpd Along Highway 36
- Low Nnn Expenses, Enhancing Tenant Retention And Long-Term Investment Performance
- Recently Installed Perimeter Security Fence Providing Improved Safety And Control
- Well-Maintained Property With Consistent Upkeep And Capital Investment
- Upgraded Pylon Signage, Enhancing Visibility And Tenant Exposure
- Longterm Covered Land Play
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