18551 E Mainstreet
Parker, CO 80134
Twenty Mile Mercantile · Retail Property For Sale

Twenty Mile Mercantile is a beautiful, two-story multi-tenant retail and office building, constructed in 2005. This Class A property is currently 90% occupied with a healthy tenant mix of both strong local and national tenants. The building only has one remaining vacancy, a beautiful second floor unit with three walls of glass. Showcasing the desirability of the property, anchor tenants Remax Alliance and Core Power Yoga both recently extended their leases on ten year terms. Perhaps the strongest selling point of this property is its location. Located off Parker’s Mainstreet and within the Town’s Entertainment District already home to AMC Theater, this property is within a half mile of over 1,400 multi-family units, the most dense concentration of residents within the Town. Further, the property is adjacent to five acres of land currently undergoing development with a vision of creating a new Town Center. This development will see The Laszlo, Preferred Hotel’s latest in a portfolio which includes the famous Broadmoor in Colorado Springs. While this four-story, fifty-one room hotel will bring an elevated experience to Parker complete with a steak and seafood restaurant, sports bar, martini and oyster bar, breakfast diner, and tap room, it is only one piece of the West End on Mainstreet. West End, will feature a large plaza (complete with a massive fire pit) surrounded by the hotel, a free-standing restaurant building featuring one of Parker’s most successful local brands, a two-story mixed-use retail/office building and a four story mixed-use retail/multi-family building. With the West End seeking rates in the $35/SF NNN range, the Twenty Mile Mercantile building will provide an investor with the opportunity to position themselves next to the new town center and maintain a steady rent roll with affordable rates as tenants clamor to the area.