1435 Wadsworth Blvd - Storefront FOR SALE


Lakewood, CO 80214- Eiber
$5,500,000 USD
720-822-0029
1435 Wadsworth Blvd, Lakewood, CO for Sale
$5,500,000 USD
Storefront - FOR SALE
1/38
null | 6.01% Cap Rate

1435 Wadsworth Blvd
Lakewood, CO 80214
Eiber


HIGHLIGHTS

  • One of the leading BMW/Triumph service and sales centers in the entire country
  • Single Tenant NNN lease through 2029
  • $2.35M Assumable Loan at 5.125% through 2029
  • Renovated in 2020
  • Over 7,000 SF of showroom space, 6,000 SF dedicated to parts/apparel/gear, and 3,200 SF dedicated to state-of-the-art service facility space

OVERVIEW

1435 Wadsworth is a 18,004 sq ft NNN retail space home to Foothills Triumph Motorcycles. Foothills Triumph Motorcycles specializes in motorcycle sales and comprehensive services such as parts, accessories, and rider apparel tailored towards motorcycle riders and enthusiasts. Foothills Motorcycles is home to three uniquely different brands, BMW, Royal Enfield, and Triumph, appealing to different demographics all in one location. Foothills Triumph Motorcycle has a NNN lease signed through 2029 with an optional 5-year extension. The rent escalations are CPI adjusted every year in addition to an assumable loan at 5.125% through 2029. Property Type: Single Tenant NNN Retail County: Jefferson # Buildings: 1 # Stories: 1 Year Built: 1980 Total GBA: 18,004 SF Total Lot SF: 69,696 SF Construction: Brick Masonry Roof Type: Pitched Parking: Lot Zoning: M-C-T

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$305 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Foothills Cycle

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

M-C-T

APN/PARCEL ID

49-022-01-002

ASK ABOUT THIS PROPERTY

Colby ConstantineKaufman HaganMore Info
720-822-0029

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Colby ConstantineKaufman HaganMore Info
720-822-0029

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.