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Reunion Village Shopping Center

Listing was updated at: 06/20/2019

Property Overview

Price/Rent PSF $ 5,400,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 25,153
Date Available 06/20/2019
Additional URL Link
Parking 166
Floors 1
Additional parameters Show
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Description

Location
Well located in one of the most dynamic new Denver Metro communities, Reunion Village Shopping Center is directly in the path of growth. The center sits right off of the intersection of E. 104th Ave & Tower Road and is in close proximity to Denver International Airport, I-76, and the E-470 Highway. The surrounding submarket is booming with the Shea Homes developed Reunion community, including new housing, a 21,000 square foot recreation center, parks, trails, and schools. It is a community that is extremely desirable given the active Colorado lifestyle with a short 20-minute commute to downtown Denver and very close to the Denver International Airport.

Sale
As the exclusive agent for the seller, SVN Denver Commercial is proud to present to qualified investors an opportunity to purchase a class A shopping center in one of Denver's most vibrant and dynamic sub-markets called Reunion. The Reunion Village Shopping Center is 90% occupied to a mix of e-commerce resistant tenants on staggered lease terms. Vacancy rates in the surrounding submarket are some of the lowest in the Denver MSA, and average lease rates are over $26/sf NNN, which gives Reunion Village with a $19.42/sf average NNN rate a significant advantage in obtaining high occupancy for years to come.

Location

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