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SouthGlenn Block 5 2253 E Briarwood Ave 11,778 SF 100% Leased Retail Building Centennial, CO 80122 $10,300,762 CAD ($874.58 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- 100% occupied by Snooze AM Eatery, Corner Bakery Cafe, Floyd’s Barbershop, and Huckleberry Roasters
- Located at the intersection of S University Blvd & E Arapahoe Rd (71K+ VPD)
- Shadow-anchored by Whole Foods Market (690,000+ visits/yr)
- Over 85% of the rent roll has 15+ years operating history at the center
- 900+ units of new residential development underway in adjacent parcels
- The Streets at SouthGlenn sees over 4.2M visitors annually (Placer.ai)
EXECUTIVE SUMMARY
Blue West Capital is pleased to exclusively present for sale Block 5 at The Streets at SouthGlenn – a 11,778 SF open-air center, shadow-anchored by a dominant Whole Foods Market. Block 5 is located within the #1 lifestyle center in the Denver MSA for foot traffic, drawing over 4.2M annual visitors (Placer.ai).
The property is fully occupied by four national and regional credit tenants. The tenant lineup includes Snooze AM Eatery, Corner Bakery Cafe, Floyd’s Barbershop, and Huckleberry Roasters. Over 85% of the rent roll has been operating at The Streets at SouthGlenn for over 15 years.
Located in Centennial, CO, The Streets at SouthGlenn is ideally positioned near major business hubs and affluent communities, fueling strong retail demand. The approved SouthGlenn Master Development Plan (MDP) will more than triple residential density, increase allowable building heights, and add new open space—supporting long-term growth and enhancing the area’s appeal as a retail destination.
The property is fully occupied by four national and regional credit tenants. The tenant lineup includes Snooze AM Eatery, Corner Bakery Cafe, Floyd’s Barbershop, and Huckleberry Roasters. Over 85% of the rent roll has been operating at The Streets at SouthGlenn for over 15 years.
Located in Centennial, CO, The Streets at SouthGlenn is ideally positioned near major business hubs and affluent communities, fueling strong retail demand. The approved SouthGlenn Master Development Plan (MDP) will more than triple residential density, increase allowable building heights, and add new open space—supporting long-term growth and enhancing the area’s appeal as a retail destination.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
11,778 SF
Building Class
B
Year Built
2009
Price
$10,300,762 CAD
Price Per SF
$874.58 CAD
Cap Rate
6.50%
NOI
$669,594 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.84 AC
Parking
100 Spaces (8.49 Spaces per 1,000 SF Leased)
Frontage
152’ on University Blvd
AMENITIES
- Bus Line
- Courtyard
- Dedicated Turn Lane
- Signage
- Signalized Intersection
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2077-26-1-34-003 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $2,729,010 CAD |
PROPERTY TAXES
Parcel Number
2077-26-1-34-003
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,729,010 CAD
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SouthGlenn Block 5 | 2253 E Briarwood Ave
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