9535 Park Meadows Dr Littleton, CO 80124
This exceptional 23,562 square foot restaurant, located at 9535 Park Meadows Drive in Lone Tree, Colorado, presents a compelling investment opportunity. Built in 2000, this property boasts a prime location within the Lone Tree Entertainment District, benefiting from high visibility and accessibility due to its proximity to Interstate 25 and C-470. The property's strategic placement near Park Meadows Mall, a major shopping destination with over 185 stores and anchors including Nordstrom, Macy's, Dillards, and JC Penney, ensures significant foot traffic and brand exposure. Furthermore, its adjacency to Ikea and a soon-to-be redeveloped Regal Cinemas theater (currently under contract for mixed-use redevelopment, including residential units) positions this property for future growth and potential appreciation. The asking price is $7,305,850, translating to $310.07 per square foot. The 1.87-acre lot offers ample space and potential for various uses, including investment, owner/user operation, or redevelopment. The city of Lone Tree's proposal to designate the Entertainment District as an urban renewal area presents additional incentives for property improvements or redevelopment. This property offers a unique blend of established success and future potential in a thriving Colorado market. The property is zoned for restaurant use.
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ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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