8905 Westminster Blvd Westminster, CO 80031-2800

This exceptional investment opportunity presents a 43,815-square-foot Alamo Drafthouse Cinema in Westminster, Colorado. Located at 8905 Westminster Blvd, 80031, this property sits on a 1.13-acre lot and boasts a brand-new 15-year absolute triple-net (NNN) lease. The lease commenced upon closing and features a current annual rent of $1,000,000, with attractive rental increases of 10% every five years throughout the initial term and each of the three, five-year renewal options. The property's strong financial performance is reflected in its 7.50% pro-forma cap rate and $304.31 price per square foot. Built in 2018, this single-tenant property offers exceptional stability with a corporate guarantee and 100% occupancy. The property is classified as Special Purpose, Subtype Sports/Entertainment, and presents a compelling investment opportunity due to its long-term lease, built-in rent escalations, and the strength of the Alamo Drafthouse brand. This is a rare chance to acquire a high-performing, passively managed asset with significant long-term growth potential. The property's Jefferson County location provides excellent access to a thriving community.