691-699 Hampden Ave - Storefront FOR SALE


Englewood, CO 80110
$10,600,000 USD
720-528-6308
691-699 Hampden Ave, Englewood, CO for Sale
$10,600,000 USD
Storefront - FOR SALE
1/5
null | 7.51% Cap Rate

691-699 Hampden Ave
Englewood, CO 80110


HIGHLIGHTS

  • OUTPARCEL TO STRONG PERFORMING COMMUNITY CENTER AND WALMART SHADOW ANCHOR
  • HIGH-QUALITY TENANT MIX WITH ATTRACTIVE NET LEASE STRUCTURES
  • IMPRESSIVE POPULATION DENSITIES AND CONSUMER SPENDING POWER

OVERVIEW

CBRE’s National Retail Partners - Mountain, as exclusive agent for Ownership, is pleased to present the opportunity to acquire Shops at Englewood CityCenter (the “Property”) — a Walmart shadow anchored center located in the south Denver MSA. Shops at Englewood CityCenter features 48,894 square feet and is currently 100% leased to a synergistic line-up of national, brand-name retailers including Ross Dress for Less, Petco, Noodles & Company, Jersey Mike's Subs and Einstein Bagels. The Property offers in-place income, high visibility and easy access. The Property is strategically located at the dominant intersection of West Hampden Avenue (Hwy-285) and South Santa Fe Drive (Hwy- 85) in Englewood CityCenter, one of the few mixed-use, transit-oriented developments in the south Denver trade area, drawing over 3.4 millions visits to the area. Shops at Englewood CityCenter benefits from premier visibility to drive-by traffic with combined daily traffic counts in excess of 146,000 vehicles per day! Adjacent to the Englewood Civic Center, this shopping destination serves the densely populated and affluent communities of Englewood and Littleton in South Denver, with over 130,500 residents within a three mile radius, averaging household incomes surpassing $135,100. Shops at Englewood CityCenter is being offered on an "as-is, where-is" basis.

FOR SALE DETAILS

PRICE

$10,600,000 USD

PRICE/SF

$293 USD /SF

CAP RATE

7.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shops at Englewood CityCenter

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.28 AC

LAND SF

186,437 SF

ZONING

-

APN/PARCEL ID

1971-34-3-27-008

ASK ABOUT THIS PROPERTY

Matt HenrichsCBRE, Inc.More Info
720-528-6308

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Matt HenrichsCBRE, Inc.More Info
720-528-6308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.