Windsor Town Center
1039 Main Street, #C&D, Windsor, CO 80550 United States
OVERVIEW
Cushman & Wakefield, as exclusive advisors are pleased to present the outstanding opportunity to acquire the Windsor Town Center (WTC), a perfect mix of retail on the main corridor in Windsor, Colorado. The 25,116 SF property is 77% leased with a mix of restaurant, medical, and retail tenants. Ownership has owned the asset since 2007 and enjoyed very high occupancy for the entirety of ownership while retaining some of the original tenants. Due to this hold strategy the WTC has significant upside in rents with near term expiration in leases, with a Weighted Average Lease Term (WALT) of 1 year 11 months remaining and 50% of the center expiring in Fiscal Year June 2025–May 2026 or on month-to-month agreements. The average lease rate is 19% below market rents and new ownership can realize upside quickly with minor changes to the property.
Details
- Rental Price:
- $16.00 (Annual) USD
- Rate Type:
- NNN
- Sublease:
- No
- Max Contiguous:
- 5,616 SF
- Min Divisible:
- 2,730 SF
AVAILABILITIES