5700 new abbey lane | castle rock, co block 5, lot 3 · densities with over 63,400 residents within...

5700 NEW ABBEY LANE | CASTLE ROCK, CO

BLOCK 5, LOT 3

C O N F I D E N T I A L O F F E R I N G M E M O R A N D U M

Z A C H W R I G H T

Director, Net Lease Investment Sales

720.966.1628

[email protected]

B R A N D O N G AY E S K I

Associate Advisor

720.966.1627

[email protected]

TO M E T H I N G TO N - L E A D

Managing Partner

720.966.1624

[email protected]

R O B E R T E D WA R D S

Managing Partner

720.966.1630

[email protected]

E X E C U T I V E S U M M A R Y

O F F E R I N G S U M M A R Y

A B O U T T H E D E V E L O P E R

C A S T L E R O C K

A R E A O V E R V I E W

S I T E P L A N

F I N A N C I A L S

T E N A N T O V E R V I E W S

C O M P A R A B L E S

Table ofContents

7 2 0 . 9 8 9 . 1 0 3 11 0 6 2 D E L A W A R E S T R E E TD E N V E R , C O 8 0 2 0 4B L U E W E S T C A P I T A L . C O M

P . 2T H E P R O M E N A D E A T C A S T L E R O C K

ExecutiveSummary

Blue West Capital is pleased to exclusively offer the sale of 5700 New Abbey Lane, located in the Promenade at Castle Rock which is now a landmark destination and local gathering spot that embodies the spirit of Colorado. The 8,152 square foot building is newly constructed and currently 100% occupied by two tenants that include American Family Care and Fuzzy’s Taco Shop.

The subject property is strategically located in Promenade at Castle Rock, the retail epicenter of the south Denver Trade Area. The trade area offers strong demographic densities with over 63,400 residents within a 5-mile radius of the subject property, 10.6% 3-mile population growth, and features some of the highest median incomes along the Front Range of Colorado – over $141,900.

Investment Highlights• Unique opportunity to acquire a two-

tenant net leased investment in one of the strongest retail trade areas in the state

• Ideal tenant combination that are e-commerce resistant with a medical/healthcare provider and a top producing food concept

• Extensive tenant build out, significant capital invested by American family care and Fuzzy’s Taco Shop

• Triple net multi-tenant leases and offered free and clear of debt

Location Highlights• Main entrance location to the

Promenade at Castle Rock, 1M+ SF of tenant synergies

• Adjacent to the Outlets at Castle Rock with 100 name brands and growing

• Affluent demographics and growing population in Castle Rock, CO

• Major anchors include: King Soopers, Whole Foods (coming 2020), 24 Hour Fitness, Sam’s Club, Lowe’s and more


5700 New Abbey LaneCastle Rock , CO 80108

A D D R E S S

8,152 SFS I Z E

100%O C C U P A N C Y

2 TenantsN U M B E R O F T E N A N T S

$4,800,000P R I C E

6.16%C A P R A T E ( C U R R E N T )

OfferingSummary

I N V E S T M E N T S U M M A R Y

PRICE $4,800,000

DOWN PAYMENT $1,440,000

PRICE/SF $588.81

CAP RATE (CURRENT) 6.16%

CAP RATE (YEAR 6) 6.78%

P R O P E R T Y D E S C R I P T I O N

YEAR BUILT 2018

BUILDING TYPE Concrete Block, Metal Frame

GROSS LEASABLE AREA (GLA) 8,152 SF

LOT SIZE 1.64 Acres

COUNTY Douglas

ROOF New

HVAC Individual Tenant

F I N A N C I N G ( P R O P O S E D )

LOAN AMOUNT $3,360,000

LOAN TYPE New

INTEREST RATE 4.85%

AMORTIZATION 25 Years

LOAN TO VALUE 70%


Fastest Growing County and High Trade Area GrowthDouglas County was the fastest growing county in the U.S. from 1990 to 2000 with 191% growth, along with expected trade area population growth from 2018-2023 of 10.87% within a 3 mile radius (CoStar 2018).

Regional Trade Area Promenade at Castle Rock is now a landmark destination and local gathering spot that embodies the spirit of Colorado. Its distinctive modern architecture, communal amenities and fresh open spaces will create a timeless backdrop for shopping, dining and celebrating.

Triple Net (NNN) LeasesLong term leases give the simplicity of passive ownership with the stability and yield of a multi tenant asset. New leases assure ample term remaining for stable ownership.#9 Wealthiest

Countyin the United States

Average household income$141,966within a 3 mile radius (CoStar 2018)

Affluent Demographics

Outparcel to King Soopers and 24 Hour FitnessThe location’s excellent visibility and synergies from the big box daily demand drivers will ensure tenant stability for decades to come.

InvestmentHighlights


Promenade at Castle Rock’s 1M+ SF of Tenant Synergy is UnprecedentedTenant demand drivers include: King Soopers, Whole Foods, Sam’s Club, 24 Hour Fitness, TJ Maxx, Home Goods, Bank of America, Verizon, Lowes, Hobby Lobby, Ulta, PETCO and many more.

High Quality Construction and Timeless DesignAlberta Development has completed more than 200 projects in communities throughout the Western United States. The Property boasts a timeless and elegant design that maximizes glass, exposure, signage for tenants, and wide sidewalk promenades with ample outdoor seating.

Offered Free and Clear of DebtInvestors are able to lock in long term financing at historically low interest rates.

High Barriers to Entry for Future CompetitionThe Promenade at Castle Rock has set the standard for shopping and dining experiences in the regional trade area. This area is now extremely supply constrained with very limited sites for future commercial development restricting future competition.

Main Entrance Location to the Outlets at Castle Rock with 100 Name BrandsThe Outlets at Castle Rock saw 5.5 million visitors in 2017 and features upscale brands that include:

InvestmentHighlights


320APARTMENTS

BAR NAILS

630 UNITS

Alberta Development Partners and Forum Real Estate Group have partnered to develop one of the most elegant shopping, dining and entertainment districts in the nation.

The Promenade at Castle Rock is an uniquely planned 1M square foot commercial development with approximately 320 multifamily units. It is strategically positioned along Interstate I-25 on prime development parcels north of Meadows Parkway and The Outlets of Castle Rock to attract both local and regional shoppers. Residents and visitors will enjoy the distinct outdoor amenities and landscaping, alongside multiple dining and shopping opportunities.

Tenants include: King Soopers, Sam’s Club, 24 Hour Fitness, TJ Maxx, Homegoods, Ulta, Verizon, 7-11, Café Rio, Mad Greens, Mod Pizza, Bank of America, AT&T with shopping synergies from Lowe’s and the Outlets at Castle Rock.

About the Promenade at Castle Rock


Whether buying existing assets or developing from the ground up, Forum departs from conventional approaches. They think creatively, solve problems quickly, operate efficiently, offer tailored experiences for each of their developments.

Their commercial projects are characterized by unique locations, strong national tenant anchors, excellent service and timeless design elements.

C O LO R A D O S I G N AT U R E C O M M E R C I A L P R OJ E C T S I N C LU D E :

Mixed-use project located in the heart of Boulder at 30th & Pearl Street, a world-class destination. Conveniently located near the flagship Whole Foods and the 29th Street Mall, Pearl Place will provide Class-A office space to the Boulder community.

330,000 square foot office project

Shopping destination located on S Santa Fe Drive at the main entrance to the ever-popular Old Town Littleton

R E C E N T LY C O M P L E T E D C O LO R A D O D E V E LO P M E N T S :

Alberta Development Partners is committed to creating enduring retail and residential communities that are the places where you want to be.

As a sign of their commitment to the communities where they build, no detail goes unnoticed and corners are never cut. Their projects are defined by the distinctive character of each community, creating great places for people to live, work, gather, and thrive now and for years to come.

1 million square feet of retail140,000 square feet of office

1.6 million square feet of retail, 171,000 square feet of office, 202 luxury apartments

685,000 square feet of retail400 for-rent residential units

Pearl Place

Google | Boulder The Shops at Riverbend

Southlands

The Streets at SouthGlenn Cornerstar

TheDeveloper


Castle Rockby the Numbers

$195Mspent on road and infrastructure improvements since 2003in Castle Rock

115,000projected population within Castle Rock town boundaries by 2025 (over 100K within 5 miles of town in 2014)

$250Minvested by Adventist Health in their new 50 acre Castle Rock Health Campus which opened in 2012

1 Milliontotal square feet of the new Promenade at Castle Rock retail project which broke ground in Fall of 2014 adjacent to the Castle Rock Outlets - Now Open

650+primary jobs created in Castle Rock in the last two years

$60MRiverwalk at Castle Rock mixed-use development to open in 2019; it will deliver 230 apartments, 34,000 square feet of office space, and 14,000 square feet of retail space

$85Mfor new Meadows North I-25 Interchange - Now Open

#1 Best Place to Find a Jobin Colorado

#4 Best Place to Livein America


1 Million SF of Retail[UNDER CONSTRUCTION]

50,000 SF Higher EducationUNDER CONSTRUCTION

CollaborationCampus

21,000 SF Medical Office[UNDER CONSTRUCTION]

Limelight Healthcare Center

30,000 SF Office/Retail[COMPLETED]

MeadowsTown Center

10,000 SF Retail[COMPLETED]

LimelightRetail

750,000 SF Mixed-Use/Retail/Office [UNDER CONSTRUCTION]

MillersLanding

47,000 SF Industrial WH Condo/Flex [COMPLETED]

PersonalWarehouse

50,000 SF Office[COMPLETED]

The Move Innovative Office

28,000 SF Mixed-Use/Office/Retail/Apartments [COMPLETED]

Mercantile Commons

47,000 SF Mixed-Use/Office/Retail/Apartments

TheCorner

$5,000,000 Remodel[COMPLETED]

FestivalPark

48,000 SF Office/Retail/Apart-ments [UNDER CONSTRUCTION]

RiverwalkNorth/South

18,000 SF Office[6 ,000 SF AVAILABLE]

Mirage DentalBuilding

Mixed-Use/Multifamily11,700 SF Memory Care

5.5 Acre Development

Crystal ValleyWest

Castle RockDevelopment Map

P . 1 0T H E P R O M E N A D E A T C A S T L E R O C K

320APARTMENTS

BAR NAILS

630 UNITS

MasterPlan


Area OverviewLooking East

630 UNITS

320APARTMENTS

123,000 VPD

AREA DEMOGRAPHICS

BAR NAILS

TOTAL POPULATIONPOPULATION RESIDENTIAL COUNT AVERAGE HH INCOME

1 mile 4,792

3 miles 36,011

5 miles 61,454

TOTAL HOUSEHOLDSPOPULATION RESIDENTIAL COUNT AVERAGE HH INCOME

1 mile 1,825

3 miles 12,620

5 miles 21,908

AVERAGE HH INCOMEPOPULATION RESIDENTIAL COUNT AVERAGE HH INCOME

1 mile $114,275

3 miles $141,966

5 miles $136,779

Demographics

MEADOWS PKWY 46,000 VPD

ENVISIONRADIOLOGY


BAR NAILS

CASTLE ROCK ADVENTIST HOSPITAL

SANTA FE DRIVE

MEADOWS PKWY 46,000 VPD

123,000 VPD

FACTORY

SHOPS BLVD

P . 1 3AerialOverview


4,631 SF 3,521 SF

SitePlan


5700 New Abbey Lane | Castle Rock, CO 80108Block 5, Lot 3

I N C O M E CURRENT PER SF

Base Rent Income $295,883 $36.30

Expense Reimbursements $92,933 $11.40

G R O S S P OT E N T I A L R E V E N U E $388,816 $47.70

Vacancy / Collection Allowance 0.0% $0 $0.00

E F F E C T I V E G R O S S R E V E N U E $388,816 $47.70

E X P E N S E S

Property Taxes (estimated) $65,216 $8.00

Property Insurance (estimated) $3,261 $0.40

CAM (estimated) $24,456 $3.00

TOTA L E X P E N S E $92,933 $11.40

% OF EGI 23.9%

N E T O P E R A T I N G I N C O M E $295,883 $36.30

Debt Service ($232,196)

Leasing Costs & Capital Reserves $0

Net Cash Flow After Debt Service 4.4% $63,687

Principle Reduction $70,796

T O T A L R E T U R N 9.3% $134,483

Financials


S U I T E T E N A N T N A M E

G L A % G L AS TA R T D AT E E N D D AT E

L E A S E T E R M

Y E A R S R E M A I N

B A S E R E N T S C H E D U L EC U R R E N TA N N UA L R E N T

O P T I O N SL E A S E T Y P E

D-300American Family Care

3,521 43.19% 2/1/2019* 10.0 10.0 Years 1-5: 2/1/19 - 1/31/24 $38.00 PSF $133,798 3x - 5 Yr NNN

1/31/2029* Years 6-10: 2/1/24 - 1/31/29 $41.80 PSFFollowing the first full calendar year of the Lease Term, Controllable Operating Expenses shall be capped at 5% over the prior calendar year.

(*Anticipated start date of Q1 2019)

Years 11-15: 2/1/29 - 1/31/34 (Option 1) $45.98 PSF

Years 16-20: 2/1/34 - 1/31/39 (Option 2) $50.58 PSF

Years 21-25: 2/1/39 - 1/31/44 (Option 3) $55.64 PSF

D-330Fuzzy's TacoShop

4,631 56.81% 11/11/2018** 10.0 10.0 Years 1-5 $35.00 PSF $162,085 2x - 5 Yr NNN

11/30/2028* Years 6-10 $38.50 PSFFollowing the first Lease Year, Con-trollable CAM Costs shall not exceed the greater of (i) 7% over the prior Lease Year, or (ii) 7% over the first Lease Year.

(**Anticipated start date)

Years 11-15 (Option 1) $42.35 PSF

Years 16-20 (Option 2) $46.59 PSF

TOTAL VACANT 0 0.0% $0

TOTAL OCCUPIED 8,152 100.0% $295,883

TOTAL 8,152 100.0% $295,883

RentRoll


F I S C A L Y E A R E N D I N G A S - I SA S - I S P S F

Y E A R 1 Y E A R 2 Y E A R 3 Y E A R 4 Y E A R 5 Y E A R 6 Y E A R 7 Y E A R 8 Y E A R 9 Y E A R 1 0

American Family Care $133,798 $38.00 $133,798 $133,798 $133,798 $133,798 $133,798 $147,178 $147,178 $147,178 $147,178 $147,178

Fuzzy’s Taco Shop $162,085 $35.00 $162,085 $162,085 $162,085 $162,085 $162,085 $178,294 $178,294 $178,294 $178,294 $178,294

Expense Reimbursements $92,933 $11.40 $92,933 $94,791 $96,687 $98,621 $100,593 $102,605 $104,657 $106,751 $108,886 $111,063

E F F E C T I V E G R O S S R E V E N U E $388,816 $47.70 $388,816 $390,674 $392,570 $394,504 $396,476 $428,077 $430,129 $432,222 $434,357 $436,535

Property Taxes (estimated) ($65,216) ($8.00) ($65,216) ($66,520) ($67,851) ($69,208) ($70,592) ($72,004) ($73,444) ($74,913) ($76,411) ($77,939)

Property Insurance (estimated) ($3,261) ($0.40) ($3,261) ($3,326) ($3,393) ($3,460) ($3,530) ($3,600) ($3,672) ($3,746) ($3,821) ($3,897)

CAM (estimated) ($24,456) ($3.00) ($24,456) ($24,945) ($25,444) ($25,953) ($26,472) ($27,001) ($27,541) ($28,092) ($28,654) ($29,227)

Total Operating Expenses ($92,933) ($11.40) ($92,933) ($94,791) ($96,687) ($98,621) ($100,593) ($102,605) ($104,657) ($106,751) ($108,886) ($111,063)

N E T O P E R AT I N G I N C O M E $295,883 $36.30 $295,883 $295,883 $295,883 $295,883 $295,883 $325,471 $325,471 $325,471 $325,471 $325,471

10-YearCash Flow


F I S C A L Y E A R E N D I N G A S - I SA S - I S P S F

Y E A R 1 Y E A R 2 Y E A R 3 Y E A R 4 Y E A R 5 Y E A R 6 Y E A R 7 Y E A R 8 Y E A R 9 Y E A R 1 0

N E T O P E R AT I N G I N C O M E $295,883 $36.30 $295,883 $295,883 $295,883 $295,883 $295,883 $325,471 $325,471 $325,471 $325,471 $325,471

C A P R AT E (Based on Acquisition Price) 6.16% 6.16% 6.16% 6.16% 6.16% 6.16% 6.78% 6.78% 6.78% 6.78% 6.78%

Annual Debt Service ($232,196) ($232,196) ($232,196) ($232,196) ($232,196) ($232,196) ($232,196) ($232,196) ($232,196) ($232,196)

N E T R E T U R N S 1 0 -Y E A R TOTA L /AV G

Cash Flow After Debt $784,807 Total $63,687 $63,687 $63,687 $63,687 $63,687 $93,275 $93,275 $93,275 $93,275 $93,275

Cash on Cash 5.45% Average 4.42% 4.42% 4.42% 4.42% 4.42% 6.48% 6.48% 6.48% 6.48% 6.48%

Principal Reduction $888,779 Total $70,796 $74,307 $77,993 $81,860 $85,920 $90,181 $94,653 $99,348 $104,274 $109,446

Total Return $1,673,586 Total $134,483 $137,994 $141,679 $145,547 $149,607 $183,456 $187,928 $192,622 $197,549 $202,721

Total Return (percentage) 11.62% Average 9.34% 9.58% 9.84% 10.11% 10.39% 12.74% 13.05% 13.38% 13.72% 14.08%

A C Q U I S I T I O N

Asset Price $4,800,000 $588.81/sf

Loan Amount $3,360,000 70.0% LTV

Equity Requirement $1,440,000 30.0%

Interest Rate/Amortization 4.85% 25 Years

Monthly/Annual Amortization Payments $19,350 $232,196

Property Square Feet 8,152 sf

R E S I D UA L VA LU E : 5T H Y E A R

Cap 6th Year’s NOI @ 6.25% $5,207,541

Residual Value PSF $638.81/sf

Selling Expense @ 3.50% ($182,264)

Ending Loan Balance ($2,969,123)

Net Residual in Year 5 $2,056,154

Initial Equity ($1,440,000)

Disposition Proceeds $616,154

Leveraged IRR 5 Year 11.26%

Cash-on-Cash 5 Year Average 4.42%

Total Return 5 Year Average 9.85%

Leveraged IRR 10 Year 11.67%

Cash-on-Cash 10 Year Average 5.45%

Total Return 10 Year Average 11.62%

R E S I D UA L VA LU E : 1 0T H Y E A R

Cap 11th Year’s NOI @ 6.25% $5,728,295

Residual Value PSF $702.69/sf

Selling Expense @ 3.50% ($200,490)

Ending Loan Balance ($2,471,221)

Net Residual in Year 10 $3,056,584

Initial Equity ($1,440,000)

Disposition Proceeds $1,616,584

10-YearCash Flow (Cont’d)


WEBSITE www.afcurgentcare.com

NUMBER OF LOCATIONS 200+

EMPLOYEES N/A

HEADQUARTERED Birmingham, AL

YEAR FOUNDED 1982

Starting with a single location in Birmingham, Alabama in 1982,

American Family Care (AFC) has pioneered the concept of

convenient, non–emergency room urgent care. AFC serves over

2 million patients a year in over 200 clinics across 26 states, and

has become the nation’s leading provider of urgent care and

accessible primary care. With its 2013 acquisition of the Doctors

Express franchise, and three-year growth rate in revenue of 79%,

AFC is one of the fastest growing companies in the U.S.

AFC’s mission is to provide the best healthcare possible, in a kind

and caring environment, while respecting the rights of all patients,

in an economical manner, at times and locations convenient to

the patient. All AFC clinics are designed, equipped, and staffed

to provide non-emergency room urgent care, where a majority of

its patients are treated and returned home in one hour’s time on

average.

TenantOverviews


Fuzzy’s Taco Shop is a fast-casual restaurant serving Baja-style

Mexican food in a fun, energetic atmosphere. The original Fuzzy’s

Taco Shop began in Fort Worth, Texas in 2003, and has since

grown to more than 100 locations across the country. Every

Fuzzy’s is very different with its own touch and appeal. People

bring their dogs, and party on their patios with frozen margaritas,

Baja tacos, chips & guacamole and a full menu that is cooked

fresh to order.

WEBSITE www.fuzzystacoshop.com

NUMBER OF LOCATIONS 100+

EMPLOYEES N/A

HEADQUARTERED Fort Worth, TX

YEAR FOUNDED 2003

TenantOverviews


PropertyPhotos


SurroundingRetailers


LO C AT I O N T E N A N T S Y E A R B U I LT B U I L D I N G S F D AT E S O L D S A L E P R I C EB L D G P R I C E / S F

C A P R AT E

6360 Promenade Pkwy Castle Rock, CO 80108

MidiCi Neapolitan Pizza, Club Pilates, Popcorn Bliss, Berry Blendz

2017 11,195 08/30/18 $6,450,000 $576.15 6.36%

4987 Factory Shops Blvd Castle Rock, CO 80108

Pearle Vision, Rocket Fizz, Zoe's Kitchen

2017 6,277 08/01/18 $3,725,000 $593.44 6.44%

830 New Memphis Ct Castle Rock, CO 80108

Mattress Firm, Vitality Bowls

2016 5,803 07/23/18 $3,550,000 $611.75 6.42%


Health Images, Tokyo Joe's

2016 7,560 02/05/18 $4,180,000 $552.91 6.29%

1345 New Beale St Castle Rock, CO 80108

Chase Bank, Sprint, Supercuts, Hand & Stone

2017 8,130 02/01/18 $5,165,000 $635.30 5.79%

4991 Factory Shops Blvd Castle Rock, CO 80108

MAD Greens, In & Out Smart Repair, Great Clips, Elements Massage, Waxing the City, The Joint, Smashburger

2016 11,368 05/18/17 $7,000,000 $615.76 5.75%


Cafe Rio, T-Mobile

2015 5,823 12/16/16 $3,900,000 $669.76 5.80%

4989 Meadows Pkwy Castle Rock, CO 80108

AT&T, Bellco Credit Union, Bar Nails & Spa, Jersey Mike’s Subs, Mod Pizza

2016 10,113 09/19/16 $6,032,000 $596.46 6.25%

C O M P S M E D I A N : $606.44 6.14%

SoldComparables


S U B J E C T P R O P E R T YPromenade at Castle Rock - Fuzzy’sCastle Rock, CO

Year Built: 2018

NNN Rent Range: $35.00-$38.00

Lease Size Range: 3,521 - 4,631 SF

Key Tenants:

American Family Care & Fuzzy’s Taco Shop

RentComparables

T H E P R O M E N A D E AT D E N V E R W E S T14600-4680 W. ColfaxLakewood, CO

Year Built: 2013-2014



Key Tenants: 5 Guys, Verizon, US Bank, Panera and Café Rio

S T R E E T S AT S O U T H G L E N NSWC of Arapahoe Rd & University BlvdCentennial, CO

Year Built: 2008

NNN Rent Range: $32.00 - $49.35


Key Tenants: Noodles & Company, Qdoba and Verizon

S H O P P E S AT H I G H P O I N T ENEC of I-25 & Hampden AvenueDenver, CO

Year Built: 2013



Key Tenants: Supercuts, Smashburger, Live Basil and Sprint

C O R N E R S TA RNWC of Arapahoe Rd & Parker RdCentennial, CO

Year Built: 2008

NNN Rent Range: $33.00 - $47.00


Key Tenants: 5 Guys, Chipotle and Verizon


Disclaimer

This confidential Offering Memorandum, has been prepared by Blue West Capital, LLC (“Blue West Capital”) for use by a limited number of qualified parties. This Offering Memorandum has been provided to you at your request based upon your assurances that you are a knowledgeable and sophisticated investor in commercial real estate projects and developments. Blue West Capital recommends you, as a potential buyer/investor, should perform your own independent examination and inspection of the property described herein as Promenade at Castle Rock (the “Property”) and of all of the information provided herein related to the Property. By accepting this Offering Memorandum, you acknowledge and agree that you shall rely solely upon your own examination and investigation of the Property and you shall not rely on any statements made in this Offering Memorandum or upon any other materials, statements or information provided by Blue West Capital or its brokers.

Blue West Capital makes no guarantee, warranty or representation about the completeness or accuracy of the information set forth in this Offering Memorandum. You are responsible to independently verify its accuracy and completeness. Blue West Capital has prepared the information concerning the Property based upon assumptions relating to the general economy, its knowledge of other similar properties in the market, and on other market assumptions including factors beyond the control of the Blue West Capital and the Owner of the Property. Blue West Capital makes no representation or warranty as to either the accuracy or completeness of the information contained herein, and the information set forth in this Offering Memorandum in not intended to be a promise or representation as to the future performance of the Property. Although the information contained herein is believed to be accurate, Blue West Capital and the Property Owner disclaim any responsibility or liability for any inaccuracies. Further, Blue West Capital and the Property Owner disclaim any and all liability for any express or implied representations and warranties contained in, or for any omissions from, the Offering Memorandum and for any other written or oral communication transmitted or made available to you. Blue West Capital shall make available to you, as a qualified prospective investor, additional information concerning the Property and an opportunity to inspect the Property upon written request.

This Offering Memorandum and the contents are intended to remain confidential except for such information which is in the public domain or is otherwise available to the public. By accepting this Offering Memorandum, you agree that you will hold and treat Offering Memorandum in the strictest confidence, that you will not photocopy or duplicate it, or distribute it. You agree you will not disclose this Offering Memorandum or its contents to any other person or entity, except to outside advisors retained by you and from whom you have obtained an agreement of confidentiality, without the prior written authorization of Blue West Capital. You agree that you will use the information in this Offering Memorandum for the sole purpose of evaluating your interest in the Property. If you determine you have no interest in the property, kindly return the Offering Memorandum to Blue West Capital at your earliest convenience.


I N V E S T M E N T C O N T A C T S

Z A C H W R I G H T

Director, Net Lease Investment Sales

720.966.1628

[email protected]

B R A N D O N G AY E S K I

Associate Advisor

720.966.1627

[email protected]

TO M E T H I N G TO N - L E A D

Managing Partner

720.966.9530

[email protected]

R O B E R T E D WA R D S

Managing Partner

720.966.1630

[email protected]

7 2 0 . 9 8 9 . 1 0 3 11 0 6 2 D E L A W A R E S T R E E TD E N V E R , C O 8 0 2 0 4B L U E W E S T C A P I T A L . C O M

5700 new abbey lane | castle rock, co block 5, lot 3 · densities with over 63,400 residents within...

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