Listed by Marcus & Millichap - Denver
$13,885,000
Northwest Commons
Details
APN 400137741
Property Type Retail
Sub Type Shopping Center
Square Footage 131,749
Cap Rate 8%
NOI $1,110,811
Occupancy 84%
Tenancy Multi
Brand/Tenant Burlington Coat Factory, Dick's Sporting Goods
Price per SqFt $105
Broker Co-Op True
Year Built 2015
Parking Spaces 724 spaces
Parking Per SqFt 5.50
Ground Lease No
Dominant Regional Center | 84% Occupancy | Significant Upside
Investment highlights
- Dominant Regional Shopping Center Anchored by Dick's Sporting Goods & Burlington
- Strong 3.97% CAGR due to Lease Up Opportunities
- Discount to Replacement Cost
- Value-Add Opportunity Through Lease-Up | ~16% Vacancy Including 17,346 SF Junior Anchor Space
- Multiple Mark to Market Rent Opportunities with 6 Current Small Shop Rents
- 2 Outparcels included
- Year 3 Pro Forma Cap Rate of 11.54%
- Diversified Rent Roll with National & Regional Tenancy
- Located in Established Regional Retail Hub | Primary Retail Corridor of Grand Island
- Surrounded by High-Performing National Retailers - Walmart, Sam's Club & More
Listing Contacts
Listed by Marcus & Millichap - Denver
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,110,811.00
$92,567.58/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Brokerage
Brokerage Phone
Is there information that looks off?
