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    2253 E Briarwood Ave Centennial, CO 80016

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    For Sale
    $9,850,000

    Retail property with high vacancy and strong visitor traffic.

    Property size:
    29,713 SF
    Lot size:
    0.84 Acres

    Property Features for 2253 E Briarwood Ave

    General Information

    Size
    29,713 SF
    Lot size
    0.84 Acres

    Source: Blue West Capital, LLC Agent Tom Ethington

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Value-Add Retail Opportunity

    This retail property presents a value-add opportunity with a significant vacancy rate exceeding 50%. The property benefits from a tenured operating history for the majority of its occupied gross leasable area (GLA). It is shadow-anchored by a Whole Foods Market, which attracts over 690,000 visitors annually. Located within The Streets at SouthGlenn, the property experiences high foot traffic, with over 4.2 million visitors annually. The property has a proforma cap rate of 8.76% in Year 3. The property contains 29,713 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Streets at SouthGlenn, Cherry Knolls Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Centennial
    County
    Jefferson
    State
    Colorado
    Longitude
    -104.9621414
    Latitude
    39.5929143

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    FAQs

    What type of property is this?
    Shopping center - Retail property with high vacancy and strong visitor traffic.
    Where is this shopping center located?
    The property is located at 2253 E Briarwood Ave Centennial, CO.
    What is the asking price?
    The asking price for this property is $9,850,000.
    What are key features of this property?
    This property features: - Shadow-anchored by Whole Foods Market, attracting over 690,000+ visits annually.; - Rare value-add opportunity with over 50% vacancy.; - Proforma cap rate of 8.76% (Year 3).
    (720) 966-1624
    Request Owner's contact information
    2253 E Briarwood Ave Centennial, CO 80016
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    Centennial, CO 80016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2253 E Briarwood Ave Centennial, CO 80016
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