High-Performing Retail
For Sale
Contact for pricing
8799 Washington St, Thornton, CO 80229
Single retail storefront with a newly extended lease and reported $3M in annual store sales.
Property SizeContact for details
Days on Market126
Property Features for 8799 Washington St
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Accredas Investments
Listed By:
Aldy Damian · License #CA 13507901
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 1:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Accredas Investments
Investment Insights
Based on property information with market context.
This high-performing retail storefront is offered for sale with a newly extended lease in the Denver, CO MSA. Public remarks report approximately $3 million in annual store sales and an NOI of $380,000. Lease structure referenced in the remarks includes a 10.5-year primary term with ten (10) options of five (5) years each, for a stated total term with options of up to 55 years. The remarks also indicate guaranteed payments with an automatic first-of-the-month payment setup and a corporate guarantee by Walgreens (NASDAQ: WBA).
The property is described as being close to many national retailers, with Walmart noted as located across the street. Please submit proposed deal terms for consideration.
The property is described as being close to many national retailers, with Walmart noted as located across the street. Please submit proposed deal terms for consideration.
Key Highlights
- $3 million reported annual store sales and a newly extended lease
- Lease structure: 10.5 years primary term with ten (10) years of additional options
- Options described as five (5) year options, for a total lease term with options of 55 years
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,157
Businesses Nearby
236k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 48%
Shops & Services 24%
Groceries 18%
Apparel 8%
Walmart Neighborhood Market
Groceries
43,472 visits/mo
0.2 miles
McDonald's
Dining
35,335 visits/mo
0.2 miles
Taco Bell
Dining
23,227 visits/mo
0.5 miles
Arc Thrift Store
Apparel
18,103 visits/mo
0.4 miles
Starbucks
Dining
15,300 visits/mo
0.5 miles
Demographics for 80229, CO
54,153
Population
20,130
Households
2.7
Avg Household Size
33
Median Age
20%
College-Educated
79%
High-School Grad
12.5 sq mi
ZIP Area
4,332
Density / Sq Mi
$83,450
Median Household Income
$42,198
Median Earnings
$1,719
Median Rent
$382,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single retail storefront with a newly extended lease and reported $3M in annual store sales.
Where is this retail space located?
The property is located at 8799 Washington St Thornton, CO.
What are key features of this property?
This property features: $3 million reported annual store sales and a newly extended lease; Lease structure: 10.5 years primary term with ten (10) years of additional options; Options described as five (5) year options, for a total lease term with options of 55 years
