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10128 Wadsworth Pkwy, Westminster, CO, 80021

7-Eleven
$4,950,000

Key Information

Cap Rate
5%
Tot. SF
3,030
Year Built
2000
Term Remaining
±15 YRS
Type
Retail

Highlights

  • New 15-Year Extension: 7-Eleven recently executed a new 15-year lease extension ahead of schedule, securing long-term rental income through 2039 from one the world’s most recognized convenience store brands.
  • NNN Lease: Tenant directly pays for CAM, taxes, insurance, and is also responsible for the roof and HVAC, providing a passive, hands-off investment to the investor.
  • Strong Rent Increases: The lease features 10% rental increases every 5 years during both the base term and option periods, ensuring predictable, contractual yield growth.
  • Excellent Access & Visibility: Prominent corner position along Wadsworth Pkwy, a major retail thoroughfare, near the signalized intersection at 100th Ave, where combined daily traffic counts exceed ±56,800 vehicles per day, offering superior visibility and convenient access for commuters and local customers.
  • Dense & Affluent Trade Area: There are over 250,000 residents within five miles of the property with average household incomes $112,000, supporting strong retail spending power and customer demand.
  • Major Student Population: Within 1 mile of several major schools including, Standley Lake High School, Wayne Carle Middle School, Jefferson Academy, and Lukas Elementary, totaling 2,600+ full-time students that drive consistent daytime traffic.
  • Denver MSA: Located less than 15 miles from downtown Denver within the Denver MSA, is the 19th-largest in the U.S. with over 3.05 million residents (2024), supported by a diverse and growing economy.
  • Established Tenant History: 7-Eleven has been operating at this site since 1999, underscoring its long-term success and site stability.
  • 100% Bonus Depreciation: Potential tax benefits available – consult your CPA or tax advisor.

Photos

Location

Agents

Broker of Record

Brayden Conner

License # EC.100099522 (CO)
Matthews Real Estate Investment Services, Inc
1600 West End, Ste. 1500 Nashville, TN 37203