1500 W Littleton Blvd - Freestanding FOR SALE


Littleton, CO 80120
$13,300,000 USD
415-274-2702
1500 W Littleton Blvd, Littleton, CO for Sale
$13,300,000 USD
Freestanding - FOR SALE
1/5
null | 7.7% Cap Rate

1500 W Littleton Blvd
Littleton, CO 80120


HIGHLIGHTS

  • The offering provides an investor with the opportunity to acquire Woodlawn Center in the growing and affluent Denver suburb of Littleton
  • Woodlawn Center is a grocery-anchored neighborhood shopping center that features a dynamic mix of national and regional daily needs tenants
  • The center has had strong leasing momentum through new leases and recent extensions including a recent 10 year extension from Anytime Fitness
  • Also included in the recent leasing momentum, Quality Centers is recently opened and will anchor the center
  • Starbucks relocated from a successful store in a nearby King Soopers anchored center, and constructed a drive-thru outparcel within the center (NAP)
  • Littleton has a strengthening economy that has coincided with the impressive ongoing growth taking place in Denver

OVERVIEW

A neighborhood center with add-value potential. In recent years, the center has seen positive leasing activity from new tenants and multiple recent extensions. Starbucks relocated to the center to a freestanding pad (not a part). Other major tenants include Dollar Tree, Quality Centers, State Beauty Supply, Sherwin Williams, and Anytime Fitness (recently extended for 10 years). The subject property also maintains excellent street visibility and monument signage. Littleton is an affluent suburb of Denver, with average household incomes of $138,676 within a 5-mile radius.

FOR SALE DETAILS

PRICE

$13,300,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodlawn Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

5.44 AC

LAND SF

236,966 SF

ZONING

B-2

APN/PARCEL ID

2077-16-4-31-002

ASK ABOUT THIS PROPERTY

Zeb RippleCP Partners CREMore Info
415-274-2702

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Zeb RippleCP Partners CREMore Info
415-274-2702

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