12001 Pecos StWestminster, CO 80234
- Retail properties
- 36,158 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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