The Shops Shoenberg Farms - Westminster, CO

Prime NNN Commercial Real Estate Investment Opportunity: Denny’s – Westminster, CO

Presenting an exceptional passive investment opportunity in the heart of the thriving Denver Metropolitan Area. Located in Westminster, Colorado, this high-performing single-tenant retail property is 100% leased to Denny's under an absolute NNN structure, offering zero landlord operational responsibilities. Modernized with quality Class B construction delivered in 2017, the property sits on a spacious 0.96-acre lot within a rapidly growing commercial and residential corridor.

Featuring strong real estate fundamentals, an annual Net Operating Income (NOI) of $220,110, and a 6.38% Cap Rate, this core asset serves as an ideal cornerstone for any commercial real estate portfolio looking for stable cash flow backed by a long-term corporate tenant.

Key Financial & Asset Metrics

Core Investment Highlights

True Hands-Off NNN Lease Structure

• Zero Landlord Responsibilities: The tenant covers all property taxes, building insurance, Common Area Maintenance (CAM), and HVAC unit care.

• Structural Protection: The tenant is fully responsible for roof and structural maintenance, providing a completely passive income stream.

Contractual Rental Growth & Stability

• Long-Term Cash Flow: Over 11 years of primary term remaining on an initial 20-year commitment.

• Hedge Against Inflation: The lease includes two scheduled rental increases remaining during the primary term, boosting overall investment yield.

Prime Denver MSA Location & High Visibility

• High-Volume Traffic Corridor: Positioned along Sheridan Blvd, exposing the site to over 39,000+ vehicles per day (VPD).

• Proximity to Urban Core: Located approximately 10 miles from Downtown Denver, benefiting directly from the region's strong regional migration and economic growth.

• Dense & Affluent Demographics: Surrounding 5-mile radius features a population exceeding 346,000 residents with an average household income of $101,000+.

Strategic Infill Location & Surrounding Drivers

• Shoenberg Farms Master Development: Integrated directly into Shoenberg Farms, a vibrant master-planned neighborhood featuring 118 single-family homes alongside walkable retail and dining hubs.

• Direct Multi-Family Customer Base: Situated directly in front of Hidden Lake Homes, a luxury apartment complex consisting of 72 recently constructed units.

• Dominant Retail Corridor: Outparcel neighbors and surrounding national retailers include Walmart, McDonald’s, Planet Fitness, 7-Eleven, Dollar Tree, and Ace Hardware.

Location & Property Summary

Constructed in 2017, this 6,412-square-foot standalone restaurant property combines modern design with optimal functionality. Positioned in Westminster—one of Denver’s most desirable suburban submarkets—the asset enjoys continuous consumer exposure from both local residential communities and major commuter routes. The combination of strong surrounding demographics, brand-name surrounding tenancy, zero landlord duties, and over a decade of guaranteed lease term makes this asset an elite acquisition for 1031 exchange buyers and yield-focused investors.