7701 92Nd AveWestminster, CO 80021

Property Details for 7701 92Nd Ave

Year built

1984

Construction

STEEL FRAME

Lot size

2.52 AC

Property size (Sq ft)

28,919 SF

Property type

Retail space

APN

29-232-09-001

APU

2923209001

Description

Brentcross Center, located at 7701 W 92nd Ave, Westminster, CO 80021, presents a prime retail investment opportunity. This single-story, 28,365 square foot center, built in 1986, boasts 13 suites and ample parking with 215 spaces. The property enjoys a highly visible location at the intersection of 92nd Avenue and Wadsworth Parkway, ensuring excellent exposure to traffic on the Wadsworth retail corridor. All tenants benefit from direct visibility to Wadsworth Parkway, maximizing their marketing potential. The strategic location provides direct access to US-36 via 92nd Avenue East, enhancing accessibility for customers. Currently, two retail spaces are available, ranging from 1,200 to 1,840 square feet, offering flexibility for various business types. This well-established center presents a strong investment opportunity in a thriving retail area. The property's prime location and high visibility make it an attractive option for businesses seeking significant foot traffic and brand exposure. The available spaces provide an excellent chance to establish or expand a retail presence in a busy and accessible location. Interested parties should inquire about current lease terms and availability.

• CAP approach

  CAP return

  Valuation

  6%

  $6,806,340

  6.5%

  $6,282,770

  7%

  $5,834,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,979,320

  Geo Method

  $2,484,860

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $12,233,200

  Mixed-Use / Specialty

  $6,268,000

  Hospitality / Lodging

  $4,608,560

  Office

  $6,238,700

  Institutional / Educational

  $6,518,920

  Residential Income

  $7,627,130

  Multifamily

  $9,105,310

  Automotive / Energy

  $5,587,640

  Parking / Income-Based Land

  $1,920,700

  Restaurant / Food Service

  $3,276,300

  Healthcare / Senior Housing

  $6,419,900

Location Insight

City

Westminster

County

Jefferson

State

Colorado

Latitude

39.8642

Longitude

-105.083

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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