12001 Pecos StWestminster, CO 80234

  • Retail properties
  • 36,158 SF
For Lease

Property Details for 12001 Pecos St

Year built
1984
Lot size
4.58 AC
Property size (Sq ft)
36,158 SF
Property type
Retail properties
Property subtype
Strip malls
APN
R0024055
APU
R0024055

Description

Park Plaza, located at 12001 N Pecos St, Westminster, CO 80234, offers a prime retail opportunity in the Northwestern submarket. This Class B property, built in 1982, comprises two single-story buildings totaling 47,469 square feet. Currently, 2,938 square feet of retail space is immediately available, with a maximum contiguous space of 2,983 square feet. The property sits on a 4.52-acre lot and provides ample parking with 115 spaces. There are no elevators. The location boasts excellent visibility to W 120th Ave and benefits from a diverse tenant mix of both local and national businesses. Its strategic position offers easy access to I-25, a major thoroughfare with over 130,000 vehicles passing daily. Furthermore, the property enjoys a highly advantageous location directly across from Maxar's headquarters, employing 1,183 individuals, ensuring a substantial and consistent customer base. This presents a unique opportunity for businesses seeking high visibility and a strong local presence in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $12,699,393
    6.5%
    $11,722,517
    7%
    $10,885,194
  • Comparable approach

    Method
    Valuation
    Relative Method
    $23,926,524
    Geo Method
    $7,528,182
  • Alternative Use

    Use
    Valuation
    Residential
    $9,888,381
    Hospitality
    $9,057,704
    Educational
    $7,535,904
    Medical
    $7,795,075
    Retail
    $11,722,517
12001 Pecos St, Westminster, Colorado

Location Insight

City
Westminster
County
Adams
State
Colorado
Latitude
39.9147
Longitude
-105.007
CBSA code
19740
CBSA name
DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$185,489
$556,870
$1,298,210
$1,855,080
-
$1,995,959
$4,653,075
$6,649,034

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