7824 Park Mdws DrLone Tree, CO 80124

Property Details for 7824 Park Mdws Dr

Year built

2003

Lot size

1.26 AC

Property size (Sq ft)

14,803 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a 14,803-square-foot multi-tenant retail shopping center in Lone Tree, Colorado. Built in 2003, the single-story building boasts a 7.54% cap rate and is currently 80% occupied across five units. Strategically located at 7824 Park Meadows Dr, 80124, this property enjoys high visibility on C-470, ensuring excellent exposure to a substantial customer base. The 1.256-acre lot provides ample parking with 68 spaces for both tenants and patrons. The property benefits from a strong surrounding demographic, with an average household income exceeding $116,000 within a three-mile radius. This NNN-leased property offers a stable income stream and significant potential for future growth within Lone Tree's thriving retail market. The property features a desirable location in Douglas County, Colorado, within the Denver MSA. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime location. The property's strong tenant mix and excellent visibility make it an ideal investment for discerning buyers seeking a stable and appreciating asset.

Location Insight

City

Lone Tree

County

Douglas

State

Colorado

Latitude

39.5624

Longitude

-104.898

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