1391 E 120th Ave
Denver, CO 80233
Big 5 Sporting Goods · Retail Property For Sale

Marcus & Millichap has been retained as the exclusive marketing advisor for the sale of a multi-tenant retail property located at 1391-1401 East 120th Avenue in Thornton, Colorado. Built in 2003, the property is 100 percent occupied by stable, credit tenancy and consists of 13,254 square feet of retail space. The center has three tenants who include Big 5 Sporting Goods, Sprint and New York Gyros & Subs. Located one mile east of Interstate 25, the property benefits from the symbiotic tenancy provided by the adjacent Thorncreek Crossing retail power center, which is anchored by SuperTarget and is occupied by other national credit tenants including Sprouts Farmers Market, Barnes & Noble, Cost Plus World Market, OfficeMax, Michaels and Dollar Tree. Thorncreek Crossing is strategically located to serve the growing trade area surrounding the property and enjoys excellent visibility at a signaled intersection with nearly 70,000 vehicles passing the center daily. The surrounding trade area has experienced robust population growth over the past five years, averaging nearly 11 percent annually within a 3-mile radius. The population within a 3-mile radius of the property stands at 138,643 and is projected to grow at 9.02 percent annually through 2021. The property offers potential investors the rare opportunity to acquire a well-maintained triple net leased retail asset with credit tenancy, which is located adjacent to a retail power center with strong traffic counts and robust population growth in the surrounding area.