Marston Park Plaza_Property for Sale
Marston Park Plaza_Property for Sale
5066 S Wadsworth Way, Littleton, CO, 80123-1254, US

Marston Park Plaza

Asset Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to offer investors the opportunity to acquire Marston Park Plaza (“The Property”), a 90,200 square-foot, highly sought-after shopping center in Littleton, Colorado. The center is 88% leased, includes 18 tenants, and is located at the intersection of S Wadsworth Blvd and W Belleview Ave, which sees nearly 74,000 vehicles per day. The center differentiates itself with a robust lineup of inline spaces and highly competitive lease rates, setting it apart from competing centers.


Located within the main Wadsworth retail corridor, this retail node benefits from affluent residents with a high level of education and sustainable consumer spending, as well as an abundance of national retailers including Costco, Target, Best Buy, and more. The property sits at a high-traffic intersection, with an impressive lineup of popular retailers including Whole Foods and a newly opened Sprouts, alongside Total Wine & More, and Lowe’s. Marston Park Plaza comprises convenience-oriented tenants and a strong mix of national and local businesses, many of which are paying below market rents. The Property ranks in the top 9% for strip/convenience centers based on visits and has demonstrated strong historical occupancy.

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Attributes

Building area net
90,200 sf
Occupancy
88%
Year built
1985
Land area net
8.53 acres
Number of units
24
WAULT
4.9 years

Media

Investment Highlights

  • High Density Location with Affluent Demographics
  • Lucrative Value-Add Opportunity
  • Exceptional Fundamentals & Dense Retail Corridor
  • National Pad Users Attract a Larger Customer Base
  • Highly Visible & Easily Accessible Location
Marston Park Plaza 4_Property for Sale
Marston Park Plaza 4_Property for Sale

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Marston Park Plaza (0 Properties)

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Last updated
14 Oct 2024