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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
Originating Board recolorado
Year Built 2023
Annual Tax Amount $12,057
Tax Year 2023
Lot Size 0.960 Acres
Acres 0.96
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
Interior
Fireplace N
Exterior
Parking Features Circular Driveway
Utilities Available Electricity Connected, Sewer Connected
Total Parking Spaces 21
Garage No
Building
Lot Description Corner Lot, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Cement Siding,Steel,Stucco
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
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Diana Nelson
Team Leader | License ID: FA100065608
Team Leader License ID: FA100065608