For Sale
$7,305,850

9535 Park Meadows DrLittleton, CO 80124

High-traffic restaurant, investment opportunity

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 23,562 square foot restaurant, located at 9535 Park Meadows Drive in Lone Tree, Colorado, presents a compelling investment opportunity. Built in 2000, this property boasts a prime location within the Lone Tree Entertainment District, benefiting from high visibility and accessibility due to its proximity to Interstate 25 and C-470. The property's strategic placement near Park Meadows Mall, a major shopping destination with over 185 stores and anchors including Nordstrom, Macy's, Dillards, and JC Penney, ensures significant foot traffic and brand exposure. Furthermore, its adjacency to Ikea and a soon-to-be redeveloped Regal Cinemas theater (currently under contract for mixed-use redevelopment, including residential units) positions this property for future growth and potential appreciation. The asking price is $7,305,850, translating to $310.07 per square foot. The 1.87-acre lot offers ample space and potential for various uses, including investment, owner/user operation, or redevelopment. The city of Lone Tree's proposal to designate the Entertainment District as an urban renewal area presents additional incentives for property improvements or redevelopment. This property offers a unique blend of established success and future potential in a thriving Colorado market. The property is zoned for restaurant use.

Highlights

  • $7,305,850 asking price for this net-leased retail property.
  • 23,562 square feet on a 1.87-acre lot in Lone Tree, CO.
  • $310.07 per square foot.
  • Located in the Lone Tree Entertainment District, near Park Meadows Mall and I-25/C-470 interchange.
  • Potential for investment, owner-user, or redevelopment; adjacent vacant theater under contract for mixed-use redevelopment.

Property Details for 9535 Park Meadows Dr

Property type
Retail properties, Restaurants
Square Feet
23,562 SF
Lot Size (sq. ft)
81,457 SF

Location Insight

City
Littleton
County
Douglas
State
Colorado
Latitude
39.5548785
Longitude
-104.8791209
9535 Park Meadows Dr, Littleton, Colorado

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9535 Park Meadows Dr
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