Available

Village Square Shopping Center

2400-2426 E Bridge Street | Brighton, CO 80601

Price

$3,764,000

Cap Rate: 7.93%

Lead Broker

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100% leased neighborhood retail center with below-market rates

Blue West Capital is pleased to exclusively offer for sale a multi-tenant retail shopping center, Village Square Shopping Center, located in Brighton, Colorado. The neighborhood retail center is shadow anchored by Bomgaars. All leases are triple net and reimburse for professional management fees.

The property is located within the Denver MSA approximately 38 miles from Downtown Denver. Brighton is one of the fastest growing cities in Colorado. The center serves daily needs users and is located in an affluent area with an average household income of $102,000 within one mile. The area is rapidly expanding with 10.5% projected population growth over the next five years within a five mile radius.

Investment Highlights

  • Neighborhood retail center 100% leased, at below market rates, to daily needs users
  • Shadow anchored by Bomgaars, Bomgaars has 107 locations across the Midwest and Rocky Mountains
  • All leases are triple net and reimburse for professional management fees
  • Tiered lease rollover schedule enables landlord to replace existing rents with inflation-adjusted rents
  • Priced below replacement cost ($190/SF)
  • Offered free and clear of debt
  • Ability to buy adjacent 1.40 acres of PUD zoned land immediately to the south (contact broker for details)
  • Freestanding pads (not a part of the sale) include Pizza Hut, Brighton Florist, Colorado Credit Union, and a top performing Dairy Queen drive-thru

Location Highlights

  • Located within the Denver MSA approximately 38 miles from Downtown Denver
  • Brighton is one of the fastest growing cities in Colorado
  • Affluent area with an average household income of $102,000 within one mile
  • Rapidly expanding area with 10.5% projected population growth over the next five years within a five mile radius
  • Positioned at a signalized intersection along Bridge Street (Hwy 7), a main retail corridor in Brighton
  • Nearby national retailers include Safeway, King Soopers, Walgreens, McDonalds, Bellco Credit Union, Kum & Go, Advance Auto Parts, The Learning Experience, and many others
  • Strategically located approximately 15 miles from Denver International Airport, the 3rd busiest airport in the world

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Contact Information

400 S. Colorado Blvd | Suite 590
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031