Single-Tenant Retail
7580 Sheridan Blvd Westminster, CO 80003
7580 Sheridan Blvd, Westminster, CO, 80003
Contact for pricing
For Sale
Contact for pricing
Renovated retail building with two restrooms and ample parking on a single-tenant lot.
Property Size2,275 SF
Lot Size0.46 Acres
Price / SF$362.64
Days on Market112
Property Features for 7580 Sheridan Blvd
General Information
- Standard status
- Active
- Size
- 2,275 SF
- Lot size
- 0.46 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1971
Listing agency
Legacy Realty Group
(501) 650-1351
Listed by
Fred Louis · License #ER.100087356
Source
Crexi
Added: Apr 2 Updated: Jul 21 at 6:50AM Checked: Jul 21 at 6:50AM
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 Legacy Realty Group
Investment Insights
Based on property information with market context.
This single-tenant retail property includes a renovated building with two restrooms. The site offers ample parking, supporting straightforward customer access for retail operations.
The property is located on Sheridan Blvd and is described as having excellent visibility. It is currently leased to a vape retailer.
The offering includes the retail building and accompanying lot.
The property is located on Sheridan Blvd and is described as having excellent visibility. It is currently leased to a vape retailer.
The offering includes the retail building and accompanying lot.
Key Highlights
- Single‑tenant retail building built in 1971 on a 0.46‑acre lot
- 2,275 SF retail space on busy Sheridan Blvd in Arvada
- Renovated in 2015
Local 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 | $43.1k | $18.96 |
| − Vacancy | −$3.5k | −$1.55 |
| EGI | $39.6k | $17.41 |
| − OpEx | −$11.9k | −$5.22 |
| NOI | $27.7k | $12.18 |
2,275 SF · lease $18.96/SF/yr · vacancy 8.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$396.0K
$346.5K – $462.0K
NOI $27,718 @ 7.0% cap · market cap 3.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$665.0K
$581.8K – $775.8K
NOI $46,547 @ 7.0% cap · market cap 5.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
CO VAPE&TOKE (SHERIDAN)
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Renovated retail building with two restrooms and ample parking on a single-tenant lot.
Where is this storefront property located?
The property is located at 7580 Sheridan Blvd Westminster, CO.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Single‑tenant retail building built in 1971 on a 0.46‑acre lot; 2,275 SF retail space on busy Sheridan Blvd in Arvada; Renovated in 2015
