BigHorn Center | Silverthorne, CO
1221-1281 Blue River Parkway, Silverthorne, CO 80498
The BigHorn Center features NNN lease structures with limited landlord responsibilities and stability with a weighted average lease term of nearly seven years. With 28 stores (11 in Colorado) Murdoch' s , the largest tenant in the BigHorn Center, has established itself as the main retailer in ranch sup-ply and accessories in the region. The strength of the brand both regionally and locally has led to solid single store performance through the chain and in Silverthorne. Holding an investment rating (Moody' s A3), Xfinity (Comcast Communications) is the largest broadcasting and cable company in the world by revenue.
Gross Leasable Area: 51,747 SF
Property Type: Retail
Property Sub-type: Specialty Center
Net Operating Income: $351,562.50
Property Use Type: Investment
Cap Rate: 6.25%
Listing ID: 19414531
Approximately 70 miles west of Denver, the BigHorn Center is situated in Sil-verthorne, which has the highest population of year-round residents in Summit County. With a substantial regional draw, the town is considered to be the gateway to Summit County, as well as a gateway to much of Western Colorado. Silverthorne is the first exit west of the Eisenhower Tunnel along I-70, at the intersection of Highway 9 and Highway 6. Most importantly, there are five ski areas (Loveland, Arapahoe Basin, Keystone, Breckenridge and Copper Moun-tain) within a half hour drive from Silverthorne.