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9790 E Arapahoe Road - Shane Company, Greenwood Village, CO

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9790 E Arapahoe Road - Shane Company

Greenwood Village, CO 80112 - Southeast Ret Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:2004
Building Size:10,794 SF Land Area:1.41 AC (61,420 SF)
For Sale Price:$4,250,000 Price/SF:$393.74
Cap Rate:7.12 %
Parking:Free Surface spaces are available; Ratio of 5.1/1,000 SF

The subject property is located at 9790 E. Arapahoe Rd in Greenwood Village, CO, just off of I-25 approximately 12 miles southwest of Denver, CO and only 2 miles northwest of the Centennial Airport. This rare Colorado single tenant property is strategically surrounded by many retailers, hotels and eateries including Home Depot, Target, Lowes, Embassy Suites, Sheraton Inn, Pizza Hut, McDonald's, KFC and Arby's.

Sale Notes:
This Absolute NNN Leased Investment Offering is for the fee-simple ownership of the real estate currently occupied by Shane Co.'s flagship store. Shane Co. is the largest privately held jeweler in the United States. The Company was founded in 1971 in Centennial, CO, just 6 miles southeast of the Subject Site. Today Shane Co. operates 20 stores in 13 states.

The subject property is an Absolute NNN Leased
Investment. Basic rent, property taxes, insurance,
additional rent and all other sums payable hereunder
by Tenant are absolute and unconditional obligations
by the Tenant. Further, Tenant shall pay, as additional
rent, all costs, charges, obligations, assessments and
expenses of every kind against or relating to the
leased property or the use, occupancy, operation,
management, maintenance, leasing or repair thereof,
which may arise or become due during the term
hereof. Owner shall not be required to make any
repairs, whether forseen or unforseen, or to maintain
any of the leased property or any adjoining property
in any way.

The Subject Property is strategically located within the flourishing Retail & Commercial Corridor of Greenwood Village. Neighboring tenants include Home Depot, Lowes, Target, Walmart, McDonald's, Chipotle, Starbucks, Embassy Suites, Sheraton Inn, Auto nation, Wells Fargo Bank, etc...

Lee & Associates | Denver
Jeff Hallberg
(303) 501-8772

Lee & Associates Commercial Real Estate Service
Michael Abel
(949) 724-4756

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