Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire 3500 Youngfield St (“The Property”), a 6,500 square foot two-tenant building located off of Youngfield Street and W 38th Ave, directly off of I-70 in Wheat Ridge, Colorado.
The Property consists of Mattress Firm and Teriyaki Madness, both of which have been longterm tenants at the Property. 3500 Youngfield Street is a part of the recently redeveloped Applewood Village Shopping Center, which sees over 2.9M visitors per year. The center is anchored by King Soopers (Kroger), Colorado's #1 grocer, and other national tenants including Pet Smart, Sierra, Home Goods, Applejack Wine & Spirits, Starbucks, Chipotle, Wells Fargo, and more. The site benefits from high visibility and easy accessibility from Interstate 70, all while being only 15 minutes from Downtown Denver. This property has all the benefits of a premier shopping center; however, it is not encumbered by use restrictions often found in highly visible out parcel buildings.
Caractéristiques de l'actif
Média
Points clés d'investissement
- 100% Leased with Strong Historical Occupancy
- Occupied by Brand Name Tenants: Mattress Firm & Teriyaki Madness
- Co-tenancy with National Brand Name Tenants at Applewood Shopping Center
- Serves Densely Populated Affluent Neighborhoods
- Exceptional Market Fundamentals with Continued Growth
- Strong Street Frontage Location with High Visibility
- Below Market NNN Lease Structure
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