Renovated Automotive Retail
7190 Newton Street Westminster, CO 80030
For Sale
$1,595,000
Renovated building with a secure auto sales lot, sales office, and repair shop for automotive retail uses.
Property Size5,512 SF
Price / SF$289.37
Days on Market108
Property Features for 7190 Newton Street
General Information
- Standard status
- Active
- Size
- 5,512 SF
- Property subtype
- Office - Flex - Industrial
Building Details
- Year Built
- 1970
Listing Agency:
Elite CRE
(303) 962-9555
Listed By:
Jamie Mitchell · License #FA100023002
Source:
Commercialcafe
Added: Apr 8
Changed: Jul 23
Last Checked: Jul 23 at 1:23PM
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 Elite CRE
Investment Insights
Based on property information with market context.
Located at 7190 Newton Street in Westminster, this renovated building is configured for automotive retail and related operations, with a secure auto sales lot, a sales office, and a repair shop. The property totals 5,512 SF.
The surrounding area is described as offering convenient access to nearby retail, dining, and entertainment options at the Westminster Promenade. The location also provides opportunities for client meetings and industry networking at Legacy Ridge Golf Course, along with easy access to major roadways and public transportation.
The surrounding area is described as offering convenient access to nearby retail, dining, and entertainment options at the Westminster Promenade. The location also provides opportunities for client meetings and industry networking at Legacy Ridge Golf Course, along with easy access to major roadways and public transportation.
Key Highlights
- Renovated 5,512 SF building built in 1970
- Secure auto sales lot for automotive retail sales
- Includes sales office and repair shop for automotive retail uses
Financial Insights For Retail
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 | $104.5k | $18.96 |
| − Vacancy | −$8.6k | −$1.55 |
| EGI | $95.9k | $17.41 |
| − OpEx | −$28.8k | −$5.22 |
| NOI | $67.2k | $12.18 |
5,512 SF · lease $18.96/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$959.4K
$839.5K – $1.12M
NOI $67,157 @ 7.0% cap · market cap 4.21%
Second Best
Industrial
$524.3K
$458.8K – $611.7K
NOI $36,700 @ 7.0% cap · market cap 2.30%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,776 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Tesla Auto Glass — 6603 N Federal Blvd suite c, Denver, CO 80221
- Goat Hill Restoration — 6651 Hooker St, Denver, CO 80221
- Vanny Auto — 6603 Federal Blvd a, Denver, CO 80221
- Sanchez Auto Repair — 6731 Federal Blvd, Denver, CO 80221
- Familia Qustomz — 6642 Lowell Blvd, Denver, CO 80221
FAQs
What type of property is this?
Auto shop - Renovated building with a secure auto sales lot, sales office, and repair shop for automotive retail uses.
Where is this auto shop located?
The property is located at 7190 Newton Street Westminster, CO.
What is the asking price?
The asking price for this property is $1,595,000.
What are key features of this property?
This property features: Renovated 5,512 SF building built in 1970; Secure auto sales lot for automotive retail sales; Includes sales office and repair shop for automotive retail uses
