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Property profile & analytics
FOR LEASE
Outlet malls
8501 W Bowles Ave Littleton, CO 80123
Entity Owned
Absentee Owner
Free & Clear
Property ID
US13-0198366
For Lease
1 / 4
Contact for pricing
8501 W Bowles Ave, Littleton, CO 80123
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Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
1983
Construction
STEEL FRAME
Total area
134,912 SF
Lot
7.76 ac (338,069 SF)
APN
59-154-02-003
UPID
US13-0198366
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fashion Q Clothing Store
-
Kay Jewelers (Bike/Boat/Book/etc) Store
-
Rocky Mountain Chocolate Factory Specialty Food Shop Candy Store
-
Q'Rico Food & Cravings Restaurant Take-out & Catering
-
Escape the Room Denver (Littleton) Arcade & Gaming Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.84M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.95M
Owner & transaction history
Rhino Holdings Southwest Plaza LLC
Rhino Holdings Southwest Plaza LLC
since 2025
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Littleton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Littleton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$9,360,000
ML approach
$9,835,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.95M
Range $8.06M – $9.85M · ±10% · vs last sale $8.30M (Apr 8 2020)
Last sale anchor
$8.30M
Apr 8 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$66 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$347,167
Tax year 2023
Assessed value
$2,732,694
Assessed 2023
Previous assessed
$2,732,694
+0.0% YoY
Effective rate
12.70%
On assessed value
Assessed land
$1,179,016
Assessed improvement
$1,553,678
Land market value
$4,225,863
Improvement market value
$5,598,737
Total market value
$9,824,600
Applied tax rate
4,434.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Lease
Year built
1983
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
AC.CHILLED WATER
Stories
3
Units
2
Total area
134,912 SF
Lot
7.76 ac (338,069 SF)
APN
59-154-02-003
UPID
US13-0198366
Jurisdiction
JEFFERSON
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1983
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Units
2
Lot
7.76 ac
Current owner
From public records · entity-resolved
Rhino Holdings Southwest Plaza LLC
Entity
Free & Clear · 0 yrs held
Mailing address
CHICAGO, IL 60610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2025
$3,500,000
Rhino Holdings Southwest Plaza LLC
Macys Retail Holdings LLC
Special Warranty Deed
—
Mar 1, 2022
—
Ap Swp Littleton Property LLC
—
Deed
related
$50,000 · Township Swp Littleton LLC
Dec 30, 2020
—
Penney Property Sub Holdings L
J C Penney Corporation INC
Quitclaim Deed
—
Apr 8, 2020
—
Srb Littleton LLC
Tf Littleton Co
Quitclaim Deed
related
$29,345,000 · Goldman Sachs Bk USA
Apr 8, 2020
$6,300,000
Srb Littleton LLC
Tf Littleton Co LLC
Grant Deed
—
Apr 19, 2019
—
Tf Littleton Co LLC
—
Grant Deed
related
$800,000,000 · Hps Inv Ptrs LLC
Feb 28, 2019
$11,000,000
Tf Littleton Co LLC
Sears Roebuck & Co
Grant Deed
related
$325,000,000 · Jpp LLC
Oct 5, 2018
—
Sears Roebuck & Co
—
Deed
related
$1,000,000,000 · Jpp LLC
Jun 6, 2018
—
Sears Roebuck & Co
—
Deed
related
$1,000,000,000 · Jpp LLC
Oct 18, 2017
—
Sears Roebuck
—
Grant Deed
related
$600,000,000 · Jpp LLC
Sep 9, 2008
—
Southwest Plaza LLC
—
Deed Of Trust
related
$1,750,000,000 · Eurohypo Ag
Dec 19, 2006
$3,000,000
Southwest Denver Land LLC
Merc Prop LLC
Grant Deed
—
Jan 20, 2006
—
Merc Prop LLC
Mercantile Properties INC
Quit Claim Deed
related
—
—
—
Merc Prop LLC
—
Deed Of Trust
related
$14,000,000 · Amsouth Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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