9126 Bowles Ave Littleton, CO 80123

Property Details for 9126 Bowles Ave

Year built

1987

Lot size

4.19 lot acres

Property size

53,589 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This Littleton, CO shopping center offers a compelling value-add opportunity. The 53,589 square foot, single-story property sits on 4.19 acres and boasts 91% occupancy with 18 tenants, including a diverse mix of service and food retailers. Located at 9126 W Bowles Ave, this fee-simple ownership opportunity features a strong tenant lineup resistant to e-commerce, with below-market rents offering significant upside potential. The property benefits from its prime location across from a major super-regional mall and other national retailers, drawing substantial traffic from a dense, affluent population. The Planned Development (P-D) zoning allows for long-term redevelopment potential. Built in 1987, the center generates a strong NOI of $608,647, representing a 7.25% cap rate on the $8,395,000 asking price. The property's location in a high-traffic area, combined with its diverse tenant mix and below-market rents, presents a significant opportunity for investors seeking strong returns and future growth. The property's strong demographics, with over 208,000 residents and 64,000 employees within a 5-mile radius, further enhance its investment appeal. The current lease structure is predominantly triple net (NNN), minimizing expense slippage. This is a rare opportunity to acquire a well-located, multi-tenant retail center with significant upside potential in a thriving Colorado market.

Location Insight

City

Littleton

County

Jefferson

State

Colorado

Longitude

-105.101

Latitude

39.6085