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Property profile & analytics
OFF-MARKET
Retail space

10445 Town Ctr Dr Westminster, CO 80021-6092

4,811 SF 1.02 ac lot Built 2006
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US13-0092090
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,570 square foot, fee-simple retail property located at 10445 Town Center Drive in Broomfield, Colorado (Jefferson County, zip code 80021). The property, built in 2006 and situated on a 1.02-acre lot, is part of the Shops at Walnut Creek, a high-traffic shopping center boasting over 4.9 million annual visits. Currently 100% occupied by three tenants—Starbucks, Yampa Sandwich Company, and Floyd's Barbershop—under triple-net (NNN) leases with a remaining term of 7.1 years, this Class A property offers a stable and attractive cash flow. The strong tenant mix, including a credit-rated, corporate-guaranteed anchor tenant (Starbucks), provides significant security and predictable income. The property's location at the intersection of Church Ranch Boulevard and Highway 36 ensures high visibility and exposure to over 40,000 vehicles daily. The surrounding area features a dense and affluent population, with over 99,000 residents and average household incomes exceeding $138,000 within a three-mile radius. This Core+ investment boasts a 6.35% cap rate and a net operating income (NOI) of $171,361, with an asking price of $2,700,000 ($590.81 per square foot). The property is offered free and clear, as-is, where-is.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction STEEL FRAME
Total area 4,811 SF
Lot 1.02 ac (44,518 SF)
APN 29-114-03-045
UPID US13-0092090
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yampa Sandwich Company Take-out & Catering
  • Starbucks Cafe & Coffee Shop
  • Floyd's 99 Barbershop Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Walnut Creek Partners LLC · 1 yrs held
Walnut Creek Partners LLC
since 2024
Last sale
$2.6M
7 recorded transactions
2024
$2.6M
2022
$55.0M
2017
Price N/A
2009
Price N/A
2007
Price N/A
2007
Price N/A
2007
$2.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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