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    FOR SALE
    Shopping centers

    5028-5036 W 92Nd Ave Westminster, CO 80031

    37,215 SF
    Property ID
    US13-Q009935
    5028-5036 W 92Nd Ave, Westminster, CO 80031 For Sale 1 / 3
    $9,500,000 37,215 SF
    5028-5036 W 92Nd Ave, Westminster, CO 80031
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    Property summary
    AI-generated overview

    SRS Investment Properties Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in Northview Shopping Center, a 37,215 SF, grocery shadow anchored, value-add investment opportunity located in Westminster, CO (Denver MSA). The property is currently 93% occupied with a diverse mix of medical, restaurant, retail, and daily needs tenants. All current tenants operate on NNN leases, reimbursing for their share of taxes, insurance, and CAM, limiting expense leakage for a new investor. Additionally, 14 of the 16 current tenants are paying below market rent, providing a unique opportunity to acquire a property with significant value-add potential within the Denver MSA, a thriving retail market.

    Property profile
    Verified
    Property type Shopping centers
    Total area 37,215 SF
    UPID US13-Q009935
    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
    Value estimations
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