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9535 Park Meadows Dr 23,562 SF 75% Leased Retail Building Lone Tree, CO 80124 $7,305,850 ($310.07/SF)

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EXECUTIVE SUMMARY

9535 Park Meadows Drive is situated in the Lone Tree Entertainment District portion of Lone Tree, Colorado. Built in the year 2000 adjacent to a Regal Cinemas theater (vacant since 3/23), this property has enjoyed a great deal of success offering a variety of restaurant and entertainment options.
Located in the southwest quadrant of Interstate 25 and C-470, Denver’s outer loop highway, the Lone Tree Entertainment district is highly visible and accessible to the residents that live in the South suburbs of metro Denver.
The property sits just South of Park Meadows Mall one of Colorado’s top shopping destination at close to 1.6 million square feet with over 185 stores and anchors, Nordstrom, Macy’s, Dillards and JC Penney. Ikea, the furniture store giant anchors the northern limits of Lone Tree.
The property could be purchased as an investment, owner/user investment or redevelopment opportunity. The adjacent vacant theatre is being considered for mixed-use redevelopment, including residential uses, and is currently under contract to a developer.
The city of Lone Tree is proposing to place the Entertainment District into an urban renewal area which would provide incentives for improving existing properties or redeveloping those properties into different uses.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Bar
Building Size
23,562 SF
Building Class
B
Year Built
2000
Price
$7,305,850
Price Per SF
$310.07
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
1.87 AC
Zoning
PD
Parking
240 Spaces (10.19 Spaces per 1,000 SF Leased)
Frontage
202’ on Park Meadows Dr

AMENITIES

  • Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • D
  • 2,180 SF
  • Retail
  • End Cap
  • Now

Located in Metro Denver’s strongest suburban market. High income residents with close proximity to light rail & developing multifamily projects.

  • E
  • 2,679 SF
  • Retail
  • End Cap
  • Now

Located in Metro Denver’s strongest suburban market. High income residents with close proximity to light rail & developing multifamily projects.

Space Size Space Use Position Available
D 2,180 SF Retail End Cap Now
E 2,679 SF Retail End Cap Now

D

Size
2,180 SF
Space Use
Retail
Position
End Cap
Available
Now

E

Size
2,679 SF
Space Use
Retail
Position
End Cap
Available
Now

D

Size 2,180 SF
Space Use Retail
Position End Cap
Available Now

Located in Metro Denver’s strongest suburban market. High income residents with close proximity to light rail & developing multifamily projects.

E

Size 2,679 SF
Space Use Retail
Position End Cap
Available Now

Located in Metro Denver’s strongest suburban market. High income residents with close proximity to light rail & developing multifamily projects.

NEARBY MAJOR RETAILERS

Huntington National Bank
Starbucks
Fogo de Chão
Bank of America
Cheesecake Factory
Yard House
MAD Greens
Seasons 52
P.F. Chang's
Hooters

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2231-033-05-003
Land Assessment
$318,170
Improvements Assessment
$1,488,090
Total Assessment
$1,806,260
  • Listing ID: 30396573

  • Date on Market: 12/18/2023

  • Last Updated:

  • Address: 9535 Park Meadows Dr, Lone Tree, CO 80124

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