12090 Colorado BlvdThornton, CO 80241

Property Details for 12090 Colorado Blvd

Year built

1999

Lot size

12.85 AC

Property size (Sq ft)

86,532 SF

Property type

Retail properties

Property subtype

Outlet malls

APN

R0011803

APU

R0011803

Description

This exceptional 0.75-acre retail pad site presents a remarkable investment opportunity in Thornton, Colorado. Strategically located at 12090 Colorado Blvd, 80241, this property boasts unparalleled visibility from Colorado Blvd and 120th Ave, ensuring maximum exposure for your business. The site is situated adjacent to a thriving Kohl's department store, within a densely populated area north of Denver. This established retail center also includes prominent tenants such as King Soopers, Wells Fargo, UC Health, Walgreens, and Ace Hardware, creating a synergistic and attractive environment for potential businesses. The total building square footage of the surrounding center is 86,814 square feet, indicating a robust and successful retail environment. The property is offered as a ground lease opportunity for multiple tenants, providing flexibility and potential for significant returns. Strong demographics and high household incomes in the immediate vicinity further enhance the site's appeal and potential for success. This is an exceptional opportunity to establish a presence in a high-demand retail area with excellent visibility and strong surrounding businesses. Don't miss this chance to capitalize on this prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $30,391,722

  6.5%

  $28,053,898

  7%

  $26,050,048

• Comparable approach

  Method

  Valuation

  Relative Method

  $57,260,080

  Geo Method

  $18,016,170

• Alternative Use

  Use

  Valuation

  Residential

  $23,664,512

  Hospitality

  $21,676,566

  Educational

  $18,034,648

  Medical

  $18,654,888

  Retail

  $28,053,898

Location Insight

City

Thornton

County

Adams

State

Colorado

Latitude

39.9158

Longitude

-104.938

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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