Fully Leased Shopping Center
For Sale
Contact for pricing
589 Hover Street, Longmont, CO 80501
Freestanding retail center with Target and Home Depot anchors plus a diversified corporate tenant roster.
Property SizeContact for details
Days on Market145
Property Features for 589 Hover Street
General Information
Standard status
Active
Property subtype
Retail
Occupancy
100%
Site & Location
Corner Location
Yes
Anchor Co-Tenants
Target, The Home Depot
Traffic Count
59,000 vehicles/day
Road Access
Yes
Building Details
Year Built
2008
Buildings
1
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed By:
Matthew Mousavi · License #CA 01732226
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 29 at 8:00PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Lykins Center Shops is a freestanding retail outparcel within the 316,322-square-foot Lykins Center. The property is 100% leased to AT&T, Pizza Hut, Fit Republic, Floyd’s Barber, and Local Colorado Dentist, with Target and The Home Depot serving as major center anchors. AT&T and Pizza Hut have been occupants since the property opened in 2008 and have extended their leases.
The center sits at the signalized intersection of Hover Street and Nelson Road, where combined traffic reaches 59,000 VPD. Multiple ingress and egress points support access to the property, which is positioned within Longmont’s primary retail corridor. King Soopers and At Home are directly across the street, while The Village at the Peaks is 0.5 miles away and includes 480,000 SF of retail space anchored by Sam’s Club, Whole Foods, and Gold’s Gym.
The surrounding 5-mile trade area includes more than 105,000 residents and a daytime population of 94,800. Longmont is 36 miles from Denver and 19 miles from Boulder.
The center sits at the signalized intersection of Hover Street and Nelson Road, where combined traffic reaches 59,000 VPD. Multiple ingress and egress points support access to the property, which is positioned within Longmont’s primary retail corridor. King Soopers and At Home are directly across the street, while The Village at the Peaks is 0.5 miles away and includes 480,000 SF of retail space anchored by Sam’s Club, Whole Foods, and Gold’s Gym.
The surrounding 5-mile trade area includes more than 105,000 residents and a daytime population of 94,800. Longmont is 36 miles from Denver and 19 miles from Boulder.
Key Highlights
- 100% leased retail outparcel with AT&T, Pizza Hut, Fit Republic, Floyd’s Barber, and Local Colorado Dentist
- Located within 316,322 SF Lykins Center with Target and The Home Depot as anchors
- Signalized Hover Street and Nelson Road intersection with 59,000 combined VPD
Property Analytics
Property Profile
Current Use
Lease Details
59,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
847
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 80501, CO
42,822
Population
19,173
Households
2.2
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
3,399
Density / Sq Mi
$77,705
Median Household Income
$42,599
Median Earnings
$1,586
Median Rent
$461,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Similar Off Market Nearby
- Village at the Peaks — 1250 S Hover St, Longmont, CO 80501
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- Twin Peaks Square — 800 Hover St, Longmont, CO 80501
- The Design Center :: Shopping & Office Complex — 1430 Nelson Rd, Longmont, CO 80501
Frequently Asked Questions
What type of property is this?
Shopping center - Freestanding retail center with Target and Home Depot anchors plus a diversified corporate tenant roster.
Where is this shopping center located?
The property is located at 589 Hover Street Longmont, CO.
What are key features of this property?
This property features: 100% leased retail outparcel with AT&T, Pizza Hut, Fit Republic, Floyd’s Barber, and Local Colorado Dentist; Located within 316,322 SF Lykins Center with Target and The Home Depot as anchors; Signalized Hover Street and Nelson Road intersection with 59,000 combined VPD
