Westminster, CO (Denver MSA)
Price: $1,132,000
Cap Rate: 5.00%
Status: UNDER CONTRACT

Main-PandaExpress-WestminsterCO
8461_ChurchRanchBlvd_001
8461_ChurchRanchBlvd_007
8461_ChurchRanchBlvd_005
8461_ChurchRanchBlvd_003
Main-PandaExpress-WestminsterCO 8461_ChurchRanchBlvd_001 8461_ChurchRanchBlvd_007 8461_ChurchRanchBlvd_005 8461_ChurchRanchBlvd_003
DOWNLOAD OM

Blue West Capital is pleased to offer for sale a Panda Express located in Westminster, Colorado. This location offers an absolute triple net ground lease with zero landlord responsibilities. The tenant recently exercised a 5-year renewal option with a 10% rental escalation.

This Panda Express location resides on a pad site, adjacent to the entrance of Standley Lake Marketplace, offering high visibility from busy Church Ranch Blvd (19,223 VPD). Retailers within the immediate corridor include King Sooper’s, VASA Fitness, Pizza Hut, Scandinavian Designs, La-Z-Boy, Walgreens, and Starbucks.

  • 10% rental escalations every 5 years
  • Below market rental rate
  • Average household income of $125,000+ within 1-mile
    radius
  • Just south of HWY 36 (Denver-Boulder Turnpike)
  • Building was constructed specifically for Panda Express in 2000

OFFERING SUMMARY

Price: $1,132,000
Cap Rate: 5.00%

Building Size: 2,406 SF
Lot Size:
.48 Acres

INVESTMENT CONTACT

ROBERT EDWARDS  
Managing Partner
Investment Sales
720.966.1630
Robert@BlueWestCapital.com

VIEW ALL LISTINGS
GET IN TOUCH
2021-08-25T13:33:47-07:00
Go to Top