10445 Town Ctr Dr Westminster, CO 80021-6092
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.
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Yampa Sandwich Company Take-out & Catering
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Starbucks Cafe & Coffee Shop
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Floyd's 99 Barbershop Barber Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.