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The Shops at HighPointe Park - Denver MSA 9645 Washington St 10,956 SF 100% Leased Retail Building Thornton, CO 80229 $6,439,696 CAD ($587.78 CAD/SF) 6.50% Cap Rate

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Investment Highlights

  • 100% leased, stabilized multi-tenant retail strip center
  • NNN lease structures with limited landlord responsibilities
  • Strong consumer engagement with 414,000+ annual visits
  • Exposure to 62,000+ combined vehicles per day with immediate proximity to I-25 (156,000+ VPD)
  • Scheduled rent increases provide built-in income growth
  • Dense five-mile trade area with approximately 333,000 residents

Executive Summary

Blue West Capital is pleased to present The Shops at HighPointe Park, a 100% occupied multi-tenant retail strip center located in Thornton, Colorado, within the Denver MSA. Built in 2008, the 10,956-square-foot property sits on 1.72 acres and is fully leased to a diversified mix of national, regional, and service-oriented tenants under NNN lease structures, providing stable in-place cash flow with limited landlord responsibilities.
The center is occupied by a complementary lineup of daily-needs and service-oriented tenants including Jimmy John’s, Wingstop, Verizon Wireless, Jr. Smiles Children’s Dentistry, TCBY, and Crane Games. The property has demonstrated strong consumer engagement, generating over 414,000 annual visits*, supporting long-term income durability.
Strategically positioned along Washington St and East Thornton Pkwy, The Shops at HighPointe Park benefits from exceptional visibility and access, capturing more than 62,000 combined vehicles per day, with immediate proximity to Interstate 25 (156,000+ VPD). Washington St serves as one of Thornton’s primary north–south retail corridors, supporting consistent commuter and neighborhood traffic.
The surrounding trade area includes approximately 1,330,000 residents within five miles and average household incomes exceeding $115,000, supporting durable tenant demand. Located approximately 10 miles north of Downtown Denver, the property benefits from strong regional connectivity and long-term retail fundamentals.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,956 SF
Building Class
B
Year Built
2008
Price
$6,439,696 CAD
Price Per SF
$587.78 CAD
Cap Rate
6.50%
NOI
$418,614 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.15
Lot Size
1.72 AC
Zoning
PD-L
Parking
100 Spaces (9.13 Spaces per 1,000 SF Leased)
Frontage
138’ on Thornton Pky

Amenities

  • Bus Line
  • Pylon Sign
  • Signage
  • Drive Thru

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

TCBY® is the original and most well-known frozen yogurt brand, leading the market in nutrition, taste and product quality. Serving communities nationwide for 40 years, TCBY® is a successful model that has fueled the growth of a thriving industry. TCBY, which currently has over 250 franchise locations worldwide, offers an extensive product line, with most yogurt flavors in varieties that are low in fat, nonfat, or no sugar added. TCBY® launched its unique frozen yogurt classification "Super FroYo" in 2011, which is still the most nutritious frozen yogurt product available in the market, as well as was the first brand to market Greek Frozen Yogurt. Also based in Broomfield, Colorado, TCBY® has been a frozen yogurt innovator from the day its first shop opened in Little Rock, Arkansas in 1981

  • Information
  • -
  • -
  • -
  • Jan 0000

Verizon Communications Inc. is a leading global telecommunications company headquartered at 1095 Avenue of the Americas in New York City. Incorporated in Delaware and founded in 1983 as Bell Atlantic, Verizon has evolved into one of the world’s largest providers of wireless communications, broadband connectivity, digital television, and enterprise technology solutions. Its New York headquarters houses the company’s Board of Directors and serves as the center for strategic planning, finance, legal operations, public affairs, and corporate governance. The broader corporate organization includes an operational headquarters in Basking Ridge, New Jersey, where many executive leadership functions and core business teams are based. With more than 99,000 employees globally, Verizon supports millions of consumers and businesses, including nearly all Fortune 500 companies, with next-generation network infrastructure, 5G mobility, IoT solutions, cloud services, and cybersecurity offerings.

  • Accommodation and Food Services
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Wingstop is a publicly traded restaurant franchisor and operator known for its cooked-to-order chicken wings and hand-cut fries. Founded in 1994 in Garland, Texas, the company developed a menu centered on chicken wings prepared in a variety of sauces and seasonings. Wingstop’s business model is based on a mix of franchised and company-owned restaurants across domestic and international markets. The organization relocated its corporate headquarters to 2801 North Central Expressway in Dallas, where its administrative, leadership, and investor-relations functions are based. Wingstop began trading publicly in 2015 and continues to expand its geographic footprint through franchise development. The company remains incorporated in Delaware and operates as a NASDAQ-listed restaurant brand. Its corporate activities include brand management, operational support for franchise partners, and oversight of systemwide performance.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Accommodation and Food Services - - Lorem Ipsum Jan 0000
Information - - - Jan 0000
Accommodation and Food Services - $9.99 Lorem Ipsum Jan 0000
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Chase Bank
Huntington National Bank
Safeway
PNC Bank
Gold's Gym
Golden Corral
Buffalo Wild Wings
The Picklr
Academy Bank

Property Taxes

Property Taxes

Parcel Number
1719-15-4-15-007
Land Assessment
$254,540 CAD
Improvements Assessment
$833,730 CAD
Total Assessment
$1,088,270 CAD
  • Listing ID: 39375100

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 9645 Washington St, Thornton, CO 80229

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