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3791 W 72nd Ave

3,472 SF Specialty Building Offered at $995,000 at a 5.42% Cap Rate in Westminster, CO 80030

Investment Highlights

  • In-Place NNN Commercial Lease through 10/31/2025
  • Location is the focal point of City of Westminster's redevelopment efforts
  • In-place cashflow now with potential value-add or redevelopment upside in the future
  • Current Zoning is B-1 (Business), allowing for a wide variety of general, office, business, commercial and specialty uses
  • Located within a Qualified Opportunity Zone

Executive Summary

Capstone Companies proudly presents 3791 W 72nd Ave, a strategically positioned retail property in Westminster, CO, boasting exceptional visibility and high traffic exposure along the bus line. Its B-1 (Business) zoning permits a diverse range of commercial activities, from general to specialty uses, ensuring versatility for prospective tenants. With an existing NNN commercial lease in place until October 31, 2025, the property generates immediate cash flow, while also offering significant potential for value enhancement or redevelopment in the future. Situated within the heart of Westminster's redevelopment focus and nestled within a Qualified Opportunity Zone, this property presents an enticing investment opportunity poised for future growth and success.

Property Facts

Price $995,000
Price Per SF $287
Sale Type Investment
Cap Rate 5.42%
Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 1.21 AC
Building Size 3,472 SF
No. Stories 1
Year Built/Renovated 1957/2016
Opportunity Zone Yes
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • R0155043
  • 1719-31-4-17-024
  • 1719-31-4-17-006
Land Assessment
$128,930
Improvements Assessment
$297,100
Total Assessment
$426,030

zoning

Zoning Code B-1
B-1
  • Listing ID: 31642503

  • Date on Market: 4/29/2024

  • Last Updated:

  • Address: 3791 W 72nd Ave, Westminster, CO 80030

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