Highpoint Marketplace_Property for Sale
Highpoint Marketplace_Property for Sale
18600 E Hampden Ave, Aurora, CO, 80013-3500, US

Highpoint Marketplace

Asset description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to offer investors the opportunity to acquire Highpoint Marketplace (the “Property”), a grocery anchored, retail shopping center consisting of 113,833 square feet of quality shop space. Highpoint Marketplace consists of over 55,000 square feet of in-line retail space that is anchored by one of Colorado’s leading Safeway’s as well as pad sites that contain a 1st Bank, Taco Bell, Auto Parts, and a dental office. Situated in the continually growing city of Aurora, the Property serves a vast and rapidly expanding trade area that boasts a highly educated population with a healthy income stream.


Highpoint Marketplace, ideally positioned along East Hampden Avenue and South Tower Road, is visible to over 55,000 vehicles per day and is the direct beneficiary of $12.8 billion in spending power within a 10-mile radius of The Property. Safeway, Nextcare, H&R Block, Ellis Tire Pros, Elevate Orthodontics, Wendy’s, Great Clips, Corepower Yoga, and Pearl of Siam have all been tenants for over 10 years, which speaks to the strength of the location and tremendous mix of uses at the center. The Property has strong historical occupancy; being above 90% occupied for the past five years.

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Attributes

Building area gross
113,833 sf
Occupancy
99%
Year built
2001
Land area gross
14.84 acres

Media

Investment highlights

  • High Performing Grocery Anchored Shopping Center
  • National Brand Name Tenancy
  • Strong Visibility and Easily Accessible
  • Strong Historical Occupancy with Limited Near Term Roll
  • High Density Location with Affluent Demographics
  • Low Replacement Cost & Favorable Basis in a Rising Construction Cost Environment


Highpoint Marketplace 4_Property for Sale
Highpoint Marketplace 4_Property for Sale

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Highpoint Marketplace (0 Properties)

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Last updated
Jun 12, 2024