- The Westminster Neighborhood Shopping Center is a 71,367 sq.ft., multi-tenant retail center located at 8601 Sheridan Boulevard in Westminster, Colorado with immediate access to the Denver Boulder Turnpike on Highway 36, 20 minutes northwest of Downtown Denver.
- The center is currently 100% leased to a mix of national tenants which include:
Chuze Fitness: Occupying 37,410 sq.ft., Chuze Fitness was founded in San Diego, CA, in 2008. With a focus on top-line customer service the “culture first” mentality of the founders created an incredible experience within state-of-the-art gyms that are kept spotless by the dedicated staff. With 32 gyms located in Arizona, California, Colorado, and New Mexico, Chuze employs 390 people who are dedicated to the communities in which they live.
Harbor Freight Tools: Occupying 18,229 sq.ft., Harbor Freight Tools was founded in 1977 as a small, family-owned business that was committed to providing working people with great, quality tools at the lowest price. Headquartered in Calabasas, CA, Harbor Freight has over 1,100 locations nationwide and employs 20,000 people. With 40 million satisfied customers they generated $5 billion in revenue in 2020.
Guitar Center: Occupying 15,728 sq.ft.. Guitar Center was founded in 1959 by Wayne Mitchell when he bought a small appliance and organ store in Hollywood, CA. Inspired by the guitar sounds of The Beatles, The Rolling Stones and The Kinks, he opened the first Guitar Center in 1964 focused on the music driven by guitars and amplifiers. Employing musicians and music lovers, the Guitar Center brand spread as did the store’s offering of instruments of a wide variety. Now headquartered in Westlake Village, CA, Guitar Center has 269 locations nationwide, employs 10,000 people and generated $2.3 billion in revenue in 2019.
- The property is well positioned along major arteries in Westminster with 47,083 Vehicles Per Day (“VPD”) on Sheridan Boulevard, 18,845 VPD on 88th Avenue and 118,000 VPD on Highway 36, the Denver Boulder Turnpike. The property is just 20 minutes from Downtown Denver and is adjacent to RTD Park-N-Ride Station and Future Light Rail.
- Built in 1997 with a reinforced concrete slab-on-grade foundation with concrete spread footings and pads; concrete masonry unit stem walls and metal columns supporting steel framing and a metal deck with a low-slope TPO (white) roof system; exterior wall finishes of EIFS system accenting the main tenant entrances and north elevation and EIFS signage band on the north and west elevations with painted brick veneer beneath.
- The building is fully spinklered with a wet pipe system.
- The property maintains four truck dock doors on the east side of the building.
- The buildings sit on 6.295 acres zoned C-1, Commercial District.
- The property is served by 372 paved parking spaces, 359 regular spaces and 13 handicap spaces.
- Located in Westminster, Colorado in a dense area surrounded by residential and national retail tenants such as Lowe’s, McDonalds, arc Thrift Store, U-Haul, and Costco. The 2020 5-mile population was 337,942 with a projected 4.3% growth by 2025 and 115,666 total employees within a 5-mile radius. Westminster is located in Adams and Jefferson counties with the municipal center located 9 miles northwest of the Colorado State Capitol in Denver. Westminster is part of the Denver-Aurora-Lakewood, CO Metropolitan Statistical Area, and the Denver-Aurora-Boulder Combined Statistical Area. This 12-county MSA is the 16th most populous combined statistical area and the 17th most populous primary statistical area in the United States with a 2016 population of 3,412,607. Denver and its surrounding area boasting a diverse and strong economy driven by aerospace, broadcast and telecommunications, healthcare, financial services, bioscience, energy, and IT-software. The energy sector is a major component of Denver’s economy. Colorado’s energy and natural resources industry supports about 150,000 workers and accounts for nearly $11.4 billion annually.
- For more information, please contact
Dave Marks
Tower Investments, LLC
250 W. Main St., Suite 101
Woodland, CA 95695
(530) 668-1000 – telephone
(530) 666-5574 – facsimile
davemarks@towerinv.com
www.towerinv.com
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