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Surreal Holdings Acquires Starbucks-Occupied Retail Property In Westminster For $2.1M

Property Image
SOLD
$2,100,000
CS
Kyle Moyer
Elizabeth (Liz) Morgan
+ 1

Colorado

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Retail2,162 SF
Sold 08/05/2025
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Property Image
SOLD

Surreal Holdings Acquires Starbucks-Occupied Retail Property In Westminster For $2.1M

1835 West 120th Avenue

See Similar Deals
Retail2,162 SF
Sold 08/05/2025
CS
Kyle Moyer
Elizabeth (Liz) Morgan
+ 1
the dealplayerscompscontact
Contact now

Summary

COLORADO
Asset Type:Retail
Price Per Square Foot:$971
Total Square Footage:2,162 SF
Transaction Type:Sale

A retail property located at 1835 West 120th Avenue in Westminster, CO, was sold for $2,100,000. The asset spans 2,162 square feet, resulting in a price per square foot of $971. This property is occupied by Starbucks and operates under a net-lease agreement.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $2,100,000
  • Square Footage: 2,162
  • Price per Square Foot: $971
  • Address: 1835 West 120th Avenue
  • Market: Westminster, CO
  • Buyer's Representative: Cody Stambaugh, Kyle Moyer & Elizabeth (Liz) Morgan - Pinnacle Real Estate Advisors
  • Seller's Representative: David Wirgler - NorthMarq

The transaction was facilitated by Pinnacle Real Estate Advisors through the MorganStambaugh Group, with Surreal Holdings acquiring the property. NorthMarq's David Wirgler represented the seller in the deal.

Players

CS
Pinnacle Real Estate Advisors
Cody Stambaugh
4 deals$9.5M volume
BROKER
Kyle Moyer
Pinnacle Real Estate Advisors
Kyle Moyer
4 deals$9.5M volume(303) 406-2524
BROKER
Elizabeth (Liz) Morgan
Pinnacle Real Estate Advisors
Elizabeth Morgan
4 deals$9.5M volume(303) 962-9532
BROKER
David Wirgler
NorthMarq
David Wirgler
1 deal$2.1M volume(415) 350-7529
BROKER
Pinnacle Real Estate Advisors
Pinnacle Real Estate Advisors
BROKERAGE
NorthMarq
NorthMarq
BROKERAGE

Details

SOLD
IMAGE: 08/05/2025 ADDRESS: 1835 West 120th Avenue MARKET: Westminster, CO ASSET TYPE: Retail BUYER'S REP: Cody Stambaugh, Kyle Moyer & Elizabeth (Liz) Morgan - Pinnacle Real Estate Advisors SELLER'S REP: David Wirgler - NorthMarq SALE PRICE: $2,100,000 SF: 2,162 ~ PPSF: $971 NOTE: Pinnacle Real Estate Advisors facilitated the $2.1 million sale of a Starbucks-occupied, single-tenant retail property at 1835 W. 120th Ave. in Westminster, with Surreal Holdings acquiring the 2,162-square-foot asset on a net-lease basis. The deal was brokered by Pinnacle’s MorganStambaugh Group and Northmarq.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$112,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$7,460.85
Cash-on-Cash Return-1.27%
Monthly Debt Service$9,955.07
Annual Debt Service$119,460.86