1970 County Line RdHighlands Ranch, CO 80126

Property Details for 1970 County Line Rd

Year built

1989

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.97 AC

Property size (Sq ft)

12,800 SF

Property type

Strip malls

Property subtype

Neighborhood centers

APN

R0347456

APU

R0347456

Description

The Plaza at Highlands Ranch offers exceptional retail opportunities in a vibrant, high-traffic location. This 280,669 square foot shopping center, built in 1989, sits on a substantial 22-acre lot and boasts 25 suites. Currently, 7,902 square feet of retail space is available, divisible into units ranging from 1,492 to 7,580 contiguous square feet. The center benefits from its strategic location, drawing customers from the densely populated Highlands Ranch and Littleton areas, resulting in exposure to over 224,000 vehicles daily. This established center enjoys the presence of national anchor tenants such as Target and Floor & Decor, providing strong synergy and attracting a significant customer base. The property is conveniently located near University Blvd., ensuring excellent visibility and accessibility. The annual net operating expenses are $9.38 per square foot. This is an ideal opportunity for businesses seeking high visibility and a strong customer base in a thriving retail environment. The property's size and layout offer flexibility for a variety of retail concepts, from smaller boutiques to larger format stores. Don't miss this chance to establish your business in a premier Highlands Ranch location.

• CAP approach

  CAP return

  Valuation

  6%

  $3,547,080

  6.5%

  $3,274,227

  7%

  $3,040,354

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,966,060

  Geo Method

  $2,664,991

• Alternative Use

  Use

  Valuation

  Residential

  $2,761,933

  Hospitality

  $2,529,916

  Educational

  $2,104,860

  Medical

  $2,177,250

  Retail

  $3,274,227

Location Insight

City

Highlands Ranch

County

Douglas

State

Colorado

Latitude

39.5648

Longitude

-104.964

CBSA code

19740

CBSA name

DENVER-AURORA, CO METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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