Broomfield, CO - Villager Square
$13,067,000
6470-6650 W. 120th Ave, Westminster, CO 80020
7.25
Cap Rate
1,039,370
NOI
Details:
Description:
SRS Capital Markets is pleased to present the opportunity to acquire the fee simple interest (land and building ownership) in Villager Square, a grocery shadow-anchored shopping center in Broomfield, CO (Denver MSA). Anchored by Great Wall Supermarket (NAP) and Arc Thrift Store, Villager Square features a diverse mix of e-commerce-resistant tenants. With 92% occupancy, the center offers significant upside potential through the lease-up of remaining vacancies.
Strategically positioned along the heavily trafficked 120th Avenue, a major east-west corridor in Broomfield, Villager Square benefits from excellent visibility and accessibility. Located at the intersection of 120th Avenue and Main Street, the center experiences a combined daily traffic count of 54,600 vehicles and is less than a mile from the on/off-ramps of U.S. Highway 36, which carries 103,800 vehicles per day. The site’s proximity to Broomfield City Hall further supports a strong daytime population.
Adding to its appeal, Villager Square sits across from the planned Broomfield Town Square, a transformative 43-acre mixed-use redevelopment. This multi-phase project will include approximately 100,000 SF of commercial space, 635 residential units, and a flexible event space with open seating. The first phase will deliver 452 residential units and 90,000 SF of retail. The surrounding trade area is strengthened by a diverse mix of national and credit tenants, including King Soopers, The Home Depot, Kohl’s, Sprouts, Whole Foods, and Walmart Supercenter, enhancing consumer draw. Within a five-mile radius, the area boasts a population exceeding 239,000 and an affluent average household income of $139,255.
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