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1835 West 120th Avenue

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

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

1835 West 120th Avenue

$2,100,000

$971/SF

Building Size

2,162 SF

Asset Type

Retail

Closing

Aug 5, 2025

AI

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

Cody Stambaugh

Pinnacle Real Estate Advisors

Broker

$9.5M

vol

4 deals

Broker
Pinnacle Real Estate Advisors
Pinnacle Real Estate AdvisorsBrokerage
NorthMarq
NorthMarqBrokerage

Denver Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

7.55%

Cash-on-Cash

-2.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93