Parker Marketplace is a premier grocery-anchored retail asset located along high-traffic South Parker Road (Hwy 83 – ±54,000 ADT) in one of metro Denver’s fastest-growing and most affluent suburban communities. The 51,743 SF property is 100% occupied by Sprouts Farmers Market (NASDAQ: SFM) and Bevy’s Liquor World, offering a strong blend of necessity-based and destination retail.
Sprouts has operated at this location since 2008 and recently extended its corporate-guaranteed lease through October 2033, underscoring long-term commitment to the site. Bevy’s Liquor World, a well-established regional retailer, is leased through July 2030.
The asset generates approximately $874,544 in Year 1 NOI and benefits from strong tenant performance, including top-tier statewide visitation rankings for Sprouts according to Placer.ai.
Strategically positioned within a dominant 186,819 SF regional shopping center the property is surrounded by national retailers including Target, Walmart, Lowe’s, Home Depot, and Costco, and is supported by strong demographics featuring approximately 149,000 residents within five miles and $122,000 median household income.
With long-term leases, strong credit tenancy, affluent demographics, and continued healthcare and residential growth in the immediate trade area, Parker Marketplace offers investors a stable cash-flowing retail investment in one of Colorado’s most desirable suburban corridors.