This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

931 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

8905 Westminster Blvd - Alamo Drafthouse Cinema

43,815 SF Sports & Entertainment Building Offered at $18,899,599 CAD at a 7.50% Cap Rate in Westminster, CO 80031

Theaters & Concert Halls Colorado Westminster 8905 Westminster Blvd, Westminster, CO 80031

Investment Highlights

  • Brand New 15 Year Sale Leaseback
  • Attractive Rental Increases – 10% Every 5 Years
  • Absolute Triple-Net (NNN) Lease

Executive Summary

Bang Realty is pleased to present the exclusive listing for an Alamo Drafthouse Cinema located at 8905 Westminster Boulevard in Westminster, Colorado. The site consists of roughly 43,815 rentable square feet of building space on estimated 1.13-acre parcel of land. This Alamo Drafthouse Cinema is subject to a 15-year absolute triple-net (NNN) lease, which commences at the close of escrow. The current annual rent is $1,000,000 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 3, 5-year renewal options.

Property Facts

Price $18,899,599 CAD Building Class B
Price Per SF $431 CAD Lot Size 1.13 AC
Sale Type Investment Building Size 43,815 SF
Cap Rate 7.50% No. Stories 2
Property Type Sports & Entertainment Year Built 2018
Property Subtype Theater/Concert Hall Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Price $18,899,599 CAD
Price Per SF $431 CAD
Sale Type Investment
Cap Rate 7.50%
Property Type Sports & Entertainment
Property Subtype Theater/Concert Hall
Building Class B
Lot Size 1.13 AC
Building Size 43,815 SF
No. Stories 2
Year Built 2018
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
1 of 1
8905 Westminster Blvd, Westminster, CO - aerial map view
(513) 300-0763

Contact

  • Listing ID: 31654087

  • Date on Market: 2024-04-30

  • Last Updated:

  • Address: 8905 Westminster Blvd, Westminster, CO 80031

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
8905 Westminster Blvd, Westminster, CO for sale Primary Photo- Image 1 of 3
8905 Westminster Blvd - Westminster, CO - Main
8905 Westminster Blvd, Westminster, CO for sale Aerial- Image 2 of 3
8905 Westminster Blvd - Westminster, CO - Aerial

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

8905 Westminster Blvd - Alamo Drafthouse Cinema
(513) 300-0763 x

8905 Westminster Blvd - Alamo Drafthouse Cinema

Brian Brockman

(513) 300-0763

(513) 300-0763

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link