9535 Park Meadows DrLittleton, CO 80124

Property Details for 9535 Park Meadows Dr

Lot size

1.87 AC

Property size (Sq ft)

23,562 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Littleton

County

Douglas

State

Colorado

Latitude

39.5549

Longitude

-104.879

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