Westminster Plaza
A Vasa Fitness Anchored Investment Opportunity
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CBRE’s National Retail Partners - Mountain, is pleased to offer to qualified investors the opportunity to acquire Westminster Plaza (the ‘Property’), a 98,975-square-foot Vasa Fitness anchored neighborhood center in Westminster, Colorado (north Denver MSA). Westminster Plaza is 97.8% leased to a complementary line-up of food & beverage, general retail, heath & beauty, financial services, fitness and veterinary care tenants, offering reliability and durability of passive cash-flow.
Located along Federal Boulevard, a primary north-south thoroughfare in the Denver MSA, Westminster Plaza is just two blocks from the Highway-36 interchange for easy access to Boulder and Denver metro areas. The trade area offers strong demographic densities with a population of over 136,561 and an average household income of $104,679 within a 3-mile radius.
Westminster Plaza is being offered free and clear on an ‘as-is, where- is’ basis.
Investment highlights
- Strong Fitness Center Anchor - Anchored by VASA Fitness, one of the premier gyms within the region. Location ranks as one of the top fitness centers in the area.
- Excellent Merchandise Mix with Strong National Tenancies - Complimentary line up of Food & Beverage, General Retail, Health & Beauty, Financial Services, Fitness and Veterinary Care Tenants. 76% of GLA & 72% of Revenue is generated from national, brand-name tenants.
- Proximity to Mass Transit Station - Located within two blocks of the Westminster Station, a high-speed commuter rail station. Connects to Downtown/Union Station and throughout the metro area.
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