Westminster Single Tenant NNN
2731 W 120th Ave Westminster Denver, CO 80234
2731 W 120th Ave Westminster, Denver, CO, 80234
$2,589,000
For Sale
$2,589,000
Single tenant NNN leased property in Denver MSA for sale.
Property Size6,071 SF
Price / SF$426.45
Days on Market237
Property Features for 2731 W 120th Ave Westminster
General Information
- Standard status
- Active
- Size
- 6,071 SF
- Property subtype
- Office
Listing Agency
(312) 758-8652
Listed by
Peter Peluso
(312) 758-8652
Source
Pinnaclerea
Added: Nov 21, 2025 Checked: Jul 16 at 5:02 am
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 Peter Peluso
Investment Insights
Based on property information with market context.
This single-tenant net-leased property is located in Westminster, a Denver suburb with average household incomes exceeding $135,000 within a one-mile radius. The property is 100% leased to Sola Salon under a NNN lease agreement that includes annual rent increases, offering limited landlord responsibilities. Situated at the entrance to Country Club Villages, the property benefits from high traffic volume, with over 42,000 vehicles passing by daily on Federal Blvd. It is anchored by Hyland Hills Recreation Center and Fit by Hyland Hills, which generates over 2,000 cars per week to the center. The property size is 6,071 square feet.
Key Highlights
- Single Tenant NNN Lease offers investors very limited responsibilities.
- Location in affluent Denver suburb: Westminster boasts average household incomes over $135,000 within 1 mile.
- 100% Leased to Sola Salon provides immediate income stream.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $160.3k | $26.40 |
| − Vacancy | −$41.7k | −$6.86 |
| EGI | $118.6k | $19.54 |
| − OpEx | −$29.7k | −$4.88 |
| NOI | $89.0k | $14.65 |
6,071 SF · lease $26.40/SF/yr · vacancy 26.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,952 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.93M
$1.69M – $2.25M
NOI $135,283 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Serviced offices
Similar For Sale Nearby
FAQs
What type of property is this?
Serviced office - Single tenant NNN leased property in Denver MSA for sale.
Where is this serviced office located?
The property is located at 2731 W 120th Ave Westminster Denver, CO.
What is the asking price?
The asking price for this property is $2,589,000.
What are key features of this property?
This property features: Single Tenant NNN Lease offers investors very limited responsibilities.; Location in affluent Denver suburb: Westminster boasts average household incomes over $135,000 within 1 mile.; 100% Leased to Sola Salon provides immediate income stream.
