The Shops at Colorado Blvd_Property for Sale
The Shops at Colorado Blvd_Property for Sale

The Shops at Colorado Blvd

845 Colorado Boulevard, Denver, CO, 80206, US

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, offers a rare opportunity to acquire The Shops at Colorado Blvd,(“The Property”), an 11,373 square foot retail building prominently positioned along Colorado Boulevard in Denver’s most affluent and supply constrained retail corridor. The Property is 100% leased to 4 tenants with a weighted average lease term of 2.9 years, including Swing Thai, Pete’s Tap Room, Dae Gee, and Kabob House. The Property occupies a premier urban infill location adjacent to the acclaimed 9+CO development. It is surrounded by best-in-class retail including Trader Joe’s, Postino, Culinary Dropout, CAVA, and AMC Theaters, serving Denver’s wealthiest neighborhoods including Cherry Creek, Hilltop, and Park Hill.


The Shops at Colorado Blvd presents immediate value-add opportunity with substantial mark-to-market upside, as existing lease rates fall well below current market rents and most tenants have no options remaining or fair market value renewals. The site benefits from exceptional visibility with over 56,000 vehicles per day along Colorado Boulevard and thrives from strong foot traffic generated by nearby employment centers and new multifamily development. With service-oriented NNN leases, exceptional demographics featuring average household income surpassing $175,000 within a population of 550,000 in a 5-mile radius, and minimal landlord responsibility, The Shops at Colorado Blvd offers a strategic acquisition with long-term success potential.

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Attributes

Asking price
NZ$10,716,000
Cap rate
5.75%
NOI
NZ$617,000
Building area net
1,057 m²
Land area gross
0.19 ha
Year built
1954
Occupancy
100%
Number of units
4
WAULT
2.9 years
Parking spaces
26

Media

Investment Highlights

  1. High-Profile, Strategic Position With Unmatched Visibility
  2. Premier Urban Infill Location in Denver's Most Desirable District
  3. Immediate Value-Add Opportunity
  4. Exceptional Trade Area Demographics Drive Sustained Demand
  5. Service Oriented NNN Leases
The Shops at Colorado Blvd 4_Property for Sale
The Shops at Colorado Blvd 4_Property for Sale

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The Shops at Colorado Blvd (0 Properties)

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Last updated
14 Apr 2026