Reunion Village Shopping Center - 18220 - 18240 E. 104th Ave., Commerce City, CO 80022
For Sale
For Sale
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Year Built
2006
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Total Building Size
25,153 RSF
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Overview
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 close 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 exceptionally desirable, given the active Colorado lifestyle with a short 20-minute commute to downtown Denver and very close to the Denver International Airport. 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 80% occupied by 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 $20.24/sf average NNN rate a significant advantage in obtaining high occupancy for years to come.
Property Details
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 close 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 exceptionally desirable, given the active Colorado lifestyle with a short 20-minute commute to downtown Denver and very close to the Denver International Airport. 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 80% occupied by 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 $20.24/sf average NNN rate a significant advantage in obtaining high occupancy for years to come.
- Property TypeRetail
- Submarket
- Year Built2006
- Sale Price$5,030,000
- Total Building Size25,153RSF
- Total Acres3.63
- Sale StatusAvailable
- Property ID2094428