High-Performing Retail
8799 Washington St Thornton, CO 80229
8799 Washington St, Thornton, CO, 80229
Contact for pricing
For Sale
Contact for pricing
Single retail storefront with a newly extended lease and reported $3M in annual store sales.
Days on Market102
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 Updated: Jul 20 at 8:49PM Checked: Jul 21 at 7:16AM
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
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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
