Current Use by Public Records
- Lifestyle centers
Property Details for 7824 Park Mdw Dr
- Year built
- 2003
- Lot size
- 1.26 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 14,803-square-foot multi-tenant retail shopping center in Lone Tree, Colorado. Built in 2003, the single-story building boasts a 7.54% cap rate and is currently 80% occupied across five units. Strategically located at 7824 Park Meadows Dr, 80124, this property enjoys high visibility on C-470, ensuring excellent exposure to a substantial customer base. The 1.256-acre lot provides ample parking with 68 spaces for both tenants and patrons. The property benefits from a strong surrounding demographic, with an average household income exceeding $116,000 within a three-mile radius. This NNN-leased property offers a stable income stream and significant potential for future growth within Lone Tree's thriving retail market. The property features a desirable location in Douglas County, Colorado, within the Denver MSA. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime location. The property's strong tenant mix and excellent visibility make it an ideal investment for discerning buyers seeking a stable and appreciating asset.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lone Tree
- County
- Douglas
- State
- Colorado
- Longitude
- -104.898
- Latitude
- 39.5624
