1039 Main StWindsor, CO 80550

Property Details for 1039 Main St

Year built

1974

Lot size

3.51 AC

Property size (Sq ft)

25,878 SF

Property type

Retail space

APN

R4267206

APU

R4267206

Description

This exceptional investment opportunity presents the Windsor Town Center, a 25,116-square-foot shopping center located at 1039 Main St, Windsor, CO 80550. Built in 1974, this single-story, multi-tenant property sits on a 3.51-acre lot and boasts a 99% occupancy rate. The diverse tenant mix includes restaurants, medical offices, and retail businesses, providing a stable income stream. The property's current Weighted Average Lease Term (WALT) is 1 year and 8 months, with a significant portion (40%) of leases expiring in 2024 or on month-to-month agreements. This presents a compelling opportunity for a new owner to increase rental income, as the average lease rate is currently 39% below market value. Minor property improvements could quickly realize substantial returns. The property's prime location on Main Street in Windsor, Colorado, ensures high visibility and accessibility. This is a rare chance to acquire a well-established, high-performing retail center with significant upside potential. The property's long-term ownership history since 2007 demonstrates its consistent performance and enduring appeal within the community. This is an ideal investment for those seeking a stable, high-growth retail asset in a thriving Colorado market.

• CAP approach

  CAP return

  Valuation

  6%

  $9,088,857

  6.5%

  $8,389,714

  7%

  $7,790,449

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,124,028

  Geo Method

  $5,387,862

• Alternative Use

  Use

  Valuation

  Residential

  $7,077,038

  Hospitality

  $6,482,528

  Educational

  $5,393,388

  Medical

  $5,578,874

  Retail

  $8,389,714

Location Insight

City

Windsor

County

Weld

State

Colorado

Latitude

40.4786

Longitude

-104.915

CBSA code

24540

CBSA name

GREELEY, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].