Westminster, CO (Denver MSA)
Price: $1,132,000
Cap Rate: 5.00%
Status: UNDER CONTRACT
Panda Express
8461 Church Ranch Blvd | Westminster, CO 80021
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