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
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