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8020 Federal Blvd 10,070 SF 100% Leased Retail Building Westminster, CO 80031 $3,420,456 CAD ($339.67 CAD/SF) 7.69% Cap Rate



Investment Highlights
- NNN Leases, 100% Occupancy, Long-Terms Stable Tenants
- NOI (Current): $192,180. CAP Rate (Current): 7.69%.
- 2 Parking Lots: 0.45 Acre Lot Size (19,602 SF)
- 12 Units (11 units 760-845 SF, 1 unit 1250 SF)
- 10,070 SF Gross Leasable Area
- High Traffic Count and Visibility on Federal Blvd
Executive Summary
Prime investment opportunity. NNN leases, 100% occupancy.
Hoff & Leigh is excited to present this stable multi-tenant retail property For Sale at 8020 Federal Boulevard, situated in
Westminster only 15 minutes from Downtown Denver between Denver and Boulder.
This property consists of two buildings with two parking lots and features 12 retail units with a diverse tenant mix providing steady
rental income. With Westminster’s growing population and attraction (350+ units under construction in the vicinity), this property
benefits from high car counts, consistent foot traffic, strong tenant demand, and long-term value appreciation.
This investment property currently generates a Net Operating Income (NOI) of $192,180, and a current
capitalization rate (Cap Rate) of 7.69%.
Hoff & Leigh property listing website: https://www.hoffleigh.com/listing/8020-federal-boulevard/
For more info, please call Michael Crawford: (720) 683-0399, Mcrawford@HoffLeigh.com
• $2,499,000 ($248/SF)
• 10,070 SF Gross Leasable Area
• 0.45 Acre Lot Size (19,602 SF)
• NOI (Current): $192,180
• CAP Rate (Current): 7.69%
• 12 Units (11 units 760-845 SF, 1 unit 1250 SF)
• 100% occupied (#1-10 indiv. metered)
• 2 Buildings (One 1-story, One 2-story)
• Most Units Recently Updated
• NNN leases: Stable, Diverse, Long-Term Tenant Mix
• 2 Parking Lots (40 Spaces)
• Monument Signage (Double-Sided, Illuminated)
• Base Rent Annual Escalations (3-5%)
• Roof Great Condition (less than 10yrs old)
• High Traffic Count and Visibility on Federal Blvd
• Growing Market in Westminster (350+ rooftops under construction within 1mi)
• 1976 Build (Masonry)
• Zoning: B-1 (Westminster)
Hoff & Leigh is excited to present this stable multi-tenant retail property For Sale at 8020 Federal Boulevard, situated in
Westminster only 15 minutes from Downtown Denver between Denver and Boulder.
This property consists of two buildings with two parking lots and features 12 retail units with a diverse tenant mix providing steady
rental income. With Westminster’s growing population and attraction (350+ units under construction in the vicinity), this property
benefits from high car counts, consistent foot traffic, strong tenant demand, and long-term value appreciation.
This investment property currently generates a Net Operating Income (NOI) of $192,180, and a current
capitalization rate (Cap Rate) of 7.69%.
Hoff & Leigh property listing website: https://www.hoffleigh.com/listing/8020-federal-boulevard/
For more info, please call Michael Crawford: (720) 683-0399, Mcrawford@HoffLeigh.com
• $2,499,000 ($248/SF)
• 10,070 SF Gross Leasable Area
• 0.45 Acre Lot Size (19,602 SF)
• NOI (Current): $192,180
• CAP Rate (Current): 7.69%
• 12 Units (11 units 760-845 SF, 1 unit 1250 SF)
• 100% occupied (#1-10 indiv. metered)
• 2 Buildings (One 1-story, One 2-story)
• Most Units Recently Updated
• NNN leases: Stable, Diverse, Long-Term Tenant Mix
• 2 Parking Lots (40 Spaces)
• Monument Signage (Double-Sided, Illuminated)
• Base Rent Annual Escalations (3-5%)
• Roof Great Condition (less than 10yrs old)
• High Traffic Count and Visibility on Federal Blvd
• Growing Market in Westminster (350+ rooftops under construction within 1mi)
• 1976 Build (Masonry)
• Zoning: B-1 (Westminster)
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$258,115
|
$25.68
|
| Other Income |
$171,528
|
$17.07
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$429,643
|
$42.75
|
| Taxes |
$66,884
|
$6.66
|
| Operating Expenses |
$99,716
|
$9.92
|
| Total Expenses |
$166,600
|
$16.58
|
| Net Operating Income |
$263,043
|
$26.17
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $258,115 |
| Annual Per SF | $25.68 |
| Other Income (CAD) | |
|---|---|
| Annual | $171,528 |
| Annual Per SF | $17.07 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $429,643 |
| Annual Per SF | $42.75 |
| Taxes (CAD) | |
|---|---|
| Annual | $66,884 |
| Annual Per SF | $6.66 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,716 |
| Annual Per SF | $9.92 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $166,600 |
| Annual Per SF | $16.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $263,043 |
| Annual Per SF | $26.17 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,070 SF
Building Class
C
Year Built
1976
Price
$3,420,456 CAD
Price Per SF
$339.67 CAD
Cap Rate
7.69%
NOI
$263,043 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.51
Lot Size
0.45 AC
Zoning
B-1 (Westminster) - B-1 Business Zoning. Westminster Zoning: https://www.westminsterco.gov/727/Zoning
Parking
40 Spaces (3.97 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Dedicated Turn Lane
- Freeway Visibility
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- A&O Snacks
- Accommodation and Food Services
- 840 SF
- -
- Triple Net
- -
- Ary's Beauty Salon
- Retailer
- 820 SF
- -
- Triple Net
- -
- Boutique Embroidery
- Retailer
- 845 SF
- -
- Triple Net
- -
- Itss Lilly Nails
- Retailer
- 815 SF
- -
- Triple Net
- -
- Just Be Lashes
- Retailer
- 845 SF
- -
- Triple Net
- -
- Morena Tattoos
- Services
- 760 SF
- -
- Triple Net
- -
- Nail Supply Store
- Retailer
- 750 SF
- -
- Triple Net
- -
- North Federal Liquor
- Retailer
- 1,250 SF
- -
- Triple Net
- -
- Renaissance Services
- Administrative and Support Services
- 750 SF
- -
- Triple Net
- -
- Tacos El Divino
- Accommodation and Food Services
- 805 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| A&O Snacks | Accommodation and Food Services | 840 SF | - | Triple Net | - | |
| Ary's Beauty Salon | Retailer | 820 SF | - | Triple Net | - | |
| Boutique Embroidery | Retailer | 845 SF | - | Triple Net | - | |
| Itss Lilly Nails | Retailer | 815 SF | - | Triple Net | - | |
| Just Be Lashes | Retailer | 845 SF | - | Triple Net | - | |
| Morena Tattoos | Services | 760 SF | - | Triple Net | - | |
| Nail Supply Store | Retailer | 750 SF | - | Triple Net | - | |
| North Federal Liquor | Retailer | 1,250 SF | - | Triple Net | - | |
| Renaissance Services | Administrative and Support Services | 750 SF | - | Triple Net | - | |
| Tacos El Divino | Accommodation and Food Services | 805 SF | - | Triple Net | - |
Walk Score®
Very Walkable (70)
Nearby Major Retailers
Property Taxes
| Parcel Number | 1719-29-4-04-005 | Total Assessment | $652,227 CAD (2025) |
| Land Assessment | $66,014 CAD (2025) | Annual Taxes | $66,884 CAD ($6.64 CAD/SF) |
| Improvements Assessment | $586,213 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
1719-29-4-04-005
Land Assessment
$66,014 CAD (2025)
Improvements Assessment
$586,213 CAD (2025)
Total Assessment
$652,227 CAD (2025)
Annual Taxes
$66,884 CAD ($6.64 CAD/SF)
Tax Year
2026
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8020 Federal Blvd
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