$2,610,000
$2,799,000
6.8%For more information regarding the value of a property, please contact us for a free consultation.
0.96 Acres Lot
SOLD DATE : 01/26/2024
Key Details
Sold Price $2,610,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 9345660
Sold Date 01/26/24
Style Contemporary,Urban Contemporary
HOA Y/N No
Year Built 2023
Lot Size 0.960 Acres
Acres 0.96
Property Sub-Type Retail
Property Description
New 10-Year Lease Commenced in August 2023 with 4 x 5-Year Options and Scheduled Rent Increases - Situated between Southlands Mall (4.1 million visits) & a King Soopers Marketplace (1.2 million visits – Ranking 9th/115) Grocery Anchored Shopping Center in Affluent Neighborhood - Proximity to Prominent local schools including Cherokee Trail High School (2,800 students), Fox Ridge Middle School (1,100 students), and Everbrook Academy - Investment Grade Guaranty (S&P: BBB+) from Starbucks Corporate - 35,000+ Locations across the globe - $9.2B Revenue Q3 2023 (12% Y-o-Y Increase) - $106B+/- Market Capitalization
Location
State CO
County Arapahoe
Zoning MU-C
Exterior
Utilities Available Electricity Connected, Sewer Connected
Waterfront Description Public
Private Pool No
Building
Lot Description Corner Lot, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Architectural Style Contemporary, Urban Contemporary
Others
Tax ID 035493261
Special Listing Condition None Known
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