Denver, CO – August 12, 2025 – NorthPeak Commercial Advisors is pleased to announce the sale of 4251 E 104th Ave., Thornton, CO 80233.
Scott Fetter and Joe Hornstein of NorthPeak Commercial Advisors worked with the seller while Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors worked with the buyer in this transaction.
“After originally bringing this property to market with a tenant on an expiring lease, this property has been sold with that same tenant on a 5-year extension. The upside that was originally attractive here remains, but the current Buyer will enjoy strong cash flow until they can capture that future opportunity when the tenant’s lease expires a few years down the road.”
– Scott Fetter, NorthPeak Commercial Advisors
“The buyers, who are well-versed in NNN investments, identified this acquisition as an exceptional opportunity to secure a high-quality asset in their home state at what they believe to be the bottom of the market cycle. The property delivers strong, immediate cash flow, while also providing substantial future upside through the potential to adjust rents to market levels should the tenant vacate at the conclusion of their lease term.”
– Kevin Calame, NorthPeak Commercial Advisors
For more information on this investment or current market conditions, please contact Scott Fetter at (720) 470-3646 or Scott@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 4251 E 104th Ave., Thornton, CO 80223
- Sale Price: $1,700,000
- Close Date: August 12, 2025
- Property Size: 6,600 SF ($257.57/SF)
- Current Cap Rate: 7.25%
- Property Type: Retail
