The Centennial Shops Retail FOR SALE


Centennial, CO
$9,900,000 USD
720-738-0037
, Centennial, CO for Sale
$9,900,000 USD
Retail - FOR SALE
1/10
null | 6.25% Cap Rate

The Centennial Shops
Centennial, CO


HIGHLIGHTS

  • Hard-corner location at the signalized intersection of E. Arapahoe Rd (61,000 VPD) and S. Peoria St (12,673 VPD).
  • Strong lineup of restaurant tenants - Chipotle, Dog Haus, Noodles & Company, Alpha Charlie’s, Poke House, and Shanghai Garden.
  • 95% occupied with 37% of the rent roll operating at this location for more than 10 years.
  • Majority NNN leases with minimal landlord responsibilities.
  • Average household income exceeding $231,000 within a one-mile radius.
  • High traffic center with more than 556,000 annual visits (Placer.ai).

OVERVIEW

Blue West Capital is pleased to exclusively present The Shops at Centennial, a premier three-building unanchored retail portfolio located at the high-traffic, signalized intersection of East Arapahoe Road (61,000 VPD) and South Peoria Street (12,673 VPD) in Centennial, Colorado. The property offers exceptional visibility, regional access, and a strong tenant lineup within one of the Denver MSA’s most affluent and established trade areas. The 28,263-square-foot portfolio is 95% leased to a diverse mix of national, regional, and local tenants, including Chipotle, Dog Haus, Noodles & Company, Alpha Charlie’s Tap & Tavern, Poke House, and others. The center benefits from long-term operating history, with 37% of tenants occupying their spaces for over 10 years. Situated within the Denver South corridor, the property serves an affluent, growing community with average household incomes exceeding $231,000 within one mile and strong surrounding employment driven by 4.5 million square feet of nearby office and industrial space.

ASK ABOUT THIS PROPERTY

Bryce McNeelyBlue West Capital, LLC.More Info
720-738-0037

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Bryce McNeelyBlue West Capital, LLC.More Info
720-738-0037

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