1970 County Line Rd Highlands Ranch, CO 80126
- Strip malls
- 12,800 SF
- 0.97 lot acres
Current Use by Public Records
- Strip malls
Property Details for 1970 County Line Rd
- Year built
- 1989
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.97 lot acres
- Property size
- 12,800 SF
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- R0347456
- APU
- R0347456
Description
The Plaza at Highlands Ranch offers exceptional retail opportunities in a vibrant, high-traffic location. This 280,669 square foot shopping center, built in 1989, sits on a substantial 22-acre lot and boasts 25 suites. Currently, 7,902 square feet of retail space is available, divisible into units ranging from 1,492 to 7,580 contiguous square feet. The center benefits from its strategic location, drawing customers from the densely populated Highlands Ranch and Littleton areas, resulting in exposure to over 224,000 vehicles daily. This established center enjoys the presence of national anchor tenants such as Target and Floor & Decor, providing strong synergy and attracting a significant customer base. The property is conveniently located near University Blvd., ensuring excellent visibility and accessibility. The annual net operating expenses are $9.38 per square foot. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property's size and layout offer flexibility for a variety of retail concepts, from smaller boutiques to larger format stores. Don't miss this chance to establish your business in a premier Highlands Ranch location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $570,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $600,000
- 6.5%
- $635,000
- 7%
- $605,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $665,000
- Geo Method
- $565,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $660,000
- Retail
- $550,000
- Mixed-Use
- $550,000
- Hospitality
- $640,000
- Educational
- $535,000
- Residential Income
- $645,000
- Energy
- $650,000
- Income-Based Land
- $555,000
- Food Service
- $680,000
Location Insight
- Map
- Local Demand
- City
- Highlands Ranch
- County
- Douglas
- State
- Colorado
- Longitude
- -104.964
- Latitude
- 39.5648
- CBSA code
- 19740
- CBSA name
- DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA
