8020 Federal Blvd Westminster, CO 80031
Stable, fully occupied retail property with diverse tenant mix.
Property size:
10,070 SFLot size:
0.45 AcresProperty Features for 8020 Federal Blvd
General Information
- Standard status
- Active
- Zoning
- B-1 (Westminster)
- Size
- 10,070 SF
- Lot size
- 0.45 Acres
Building Details
- Year built
- 1976
Source:
Crexi
Listing Agency: Hoff & Leigh Listing Agent: Michael Crawford
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Westminster Retail Investment Opportunity
This multi-tenant retail property is located on Federal Boulevard in Westminster, approximately 15 minutes from Downtown Denver. The property features two buildings with two parking lots and a total of 12 retail units. The tenant mix is diverse, providing steady rental income. The property benefits from high car counts, consistent foot traffic, and strong tenant demand. The surrounding area of Westminster is a growing market with over 350 units under construction in the vicinity. The property generates a Net Operating Income (NOI) of $192,180 with a capitalization rate (Cap Rate) of 7.69%. The gross leasable area is 10,070 square feet on a 0.45 acre lot. There are 40 parking spaces available. The property includes monument signage that is double-sided and illuminated. Base rents have annual escalations of 3-5%. The roof is in great condition and less than 10 years old. The building was built in 1976 and is masonry construction. Zoning is B-1 in Westminster. Most units have been recently updated. The leases are NNN. There are eleven units between 760-845 square feet, and one unit of 1250 square feet. The property is 100% occupied. One building is one-story, and the other is two-story. The additional parking lot provides potential for extra income, such as EV charge or foodtruck.
Location Intelligence
Current Use by Public Records
Center For Change, LLC
Medical Clinic
D&B Construction LLC
Construction Company
Figwood Cleaning
Hardware & Home Improvement
Rooted Path Shop
(Bike/Boat/Book/etc) Store
Colorado Bail Bonds
Law Firm
Location Insight
- Map
- Local Demand
- City
- Westminster
- County
- Adams
- State
- Colorado
- Longitude
- -105.0244838
- Latitude
- 39.8424602
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Stable, fully occupied retail property with diverse tenant mix.
Where is this strip mall located?
The property is located at 8020 Federal Blvd Westminster, CO.
What are key features of this property?
This property features: - NNN leases and 100% occupancy provide a stable, diverse, and long-term tenant mix, ensuring steady rental income.; - Current Net Operating Income (NOI) of $192,180 and a capitalization rate (Cap Rate) of 7.69%.; - Located in a growing market in Westminster, with 350+ new residential units under construction nearby.
