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9226 Park Meadows Dr

Lone Tree, CO
Total Size
5,556 sqft
Zoning
Year Constructed
0
Year Renovated
0
Building Class

About 9226 Park Meadows Dr

Coldwell Banker Commercial Alliance is pleased to offer for sale, Shops at Park Meadows in Lone Tree, Colorado. The subject property is a highly visible 5,556 square foot retail building ideally situated at the signalized intersection of Yosemite Street and Park Meadows Drive, just a half a block from the 470 Toll Road (exit Yosemite). This property benefits from strong visibility, attractive bold signage, convenient parking and being located in the one of the highest income demographic areas in the greater Denver area. The interchange of E-470 at the I-25 provides proximity to residential and commercial density as well as quick access to two major thoroughfares (135,000 cars per day at interchange). Additional tenants in the immediate trade area include Best Buy, the Container Store, PetSmart, Regal Cinemas, Davids Bridal, Mens Warehouse, Chilis, Panera Bread, and Mimis Caf, as well as retail giants Nordstrom, Macys, Dillards, Bed Bath & Beyond, Party City, Old Navy, Forever 21, Costco, and Home Depot. The subject is ideally suited for a long term investor to acquire a well located, management free, Class A center in the affluent area of greater Denver. The investor will also benefit from stability with a long term leases with rent escalations and security of a strong tenants. The property is priced at a very reasonable capitalization rate. The tenants are successful and are benefiting from the continued residential and commercial expansion in Lone Tree. The quality of construction, demographics, stability of tenancy, growth expectations and yield to the investor cannot be duplicated in other desirable markets such as Southern California. This is an excellent performing, impeccable condition, well located retail with inflation hedge rent escalations- and adjacent to the #2 Starbucks in gross sales in the entire State of Colorado.

Internet Providers for 9226 Park Meadows Dr

Provider Technology Max Download Speed Max Upload Speed
Comcast Cable
1 Gb/s
25 Mb/s
CenturyLink DSL
50 Mb/s
25 Mb/s
MegaPath Corporation DSL
25 Mb/s
25 Mb/s
Integra Telecom DSL
10 Mb/s
10 Mb/s

The City: Lone Tree

The typical asking rate per listing is in the $20's per square foot per year. The Lone Tree region is seeing a a boost in rates. In the last 3 months, the median rate increased $25 per sqft per year.

Compared to the rest of the Denver Metro market, the Lone Tree region has smaller rates, so you should have no trouble finding a great deal in this discounted submarket.

Median Rate Median Size
Lone Tree $25
/sqft/yr
2,600
sqft
Median Rate Median Size
Denver Metro $28
/sqft/yr
2,570
sqft

Median Rate over Time in Lone Tree