Investment Property
Available
Windsor Town Center
1039 Main Street, Windsor, CO 80550 United States
Lot Size
152,896 SF / 3.51 Acres
Built
1974
Lot Size
152,896 SF / 3.51 Acres
Built
1974
OVERVIEW
Cushman & Wakefield, as exclusive advisors, is pleased to present the outstanding opportunity to acquire the Windsor Town Center (WTC), a perfect mix of retail on the main corridor in Windsor, Colorado. The 25,116 SF property is 99% leased with a mix of restaurant, medical, and retail tenants. Ownership has owned the asset since 2007 and enjoyed very high occupancy for the entirety of ownership while retaining some of the original tenants. Due to this hold strategy, the WTC has significant upside in rents with near term expiration in leases, with a Weighted Average Lease Term (WALT) of 2 years 5 months remaining. The blended average lease rate is 9% below market rents and new ownership can realize upside quickly with minor changes to the property.
The WTC is in the heart of Northern Colorado on Main Street
in Windsor. It is directly across the street from Windsor High
School, Windsor Middle School and the Town of Windsor
Recreation Center. The VPD is over 25,000 and within the center the asset sits adjacent to McDonald’s, Bank of Colorado, Wells Fargo, and Anytime Fitness.
The WTC is in the heart of Northern Colorado on Main Street
in Windsor. It is directly across the street from Windsor High
School, Windsor Middle School and the Town of Windsor
Recreation Center. The VPD is over 25,000 and within the center the asset sits adjacent to McDonald’s, Bank of Colorado, Wells Fargo, and Anytime Fitness.
Details
- Building Size:
- SF
- Sale Price:
- $4,200,000 USD
- Lot Size:
- 152,896 SF / 3.51 Acres
- Year Built:
- 1974