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7961 FEDERAL BOULEVARD WESTMINSTER COLORADO
APB REALTYCONTACT:
CHRIS SEO ASSOCIATE BROKER [email protected]
CONTACT:
ANDREW KIM [email protected]
7961 Federal Blvd4,466 SF Office
Building Offered at
$785,000 at a 5.98% Cap Ratein Westminster, CO
HIGHLIGHTS
❑ Turn-Key Retail Investment
❑ Desirable High Traffic Retail Location
❑ Excellent Owner/User or Multiple
Tenant Opportunity
❑ Easy Ingress/Egress
❑ Newly Renovated; Siding, Sewer
Lines, Windows, and Signage
ABOUT 7961 FEDERAL BLVD , WESTMINSTER, CO 80030A fantastic investment/owner user opportunity located in Westminster, CO. This retail/office 4,466 SF building has 4 units all with 1117 SF with one of the units to be available sometime in 12/2019. Easy access Denver/Boulder turnpike and a few miles to I-25. There is a huge upside to rental income potential due to low current lease rates and the net lease can be converted to triple net lease in 2020. The building has been newly renovated 4 years ago with new siding, new sewer lines, new windows, new dumpster area, and new signage.
FINANCIAL SUMMARY (ACTUAL - 2018) ANNUAL ANNUAL PER SF
Gross Rental Income $59,400 13.30
Other Income - -
Vacancy Loss - -
Effective Gross Income $59,400 13.30
Taxes $9,629 2.16
Operating Expenses $3,309 0.74
Total Expenses $12,938 2.90
Net Operating Income $46,462 10.40
