Available

Available

Block 5 | The Streets at SouthGlenn

Centennial, CO 80122

Price

$9,850,000

Cap Rate: %

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Retail Value-Add Opportunity Shadow Anchored by Whole Foods Market

Blue West Capital is pleased to exclusively present for sale Block 5 at The Streets at SouthGlenn – a 29,713 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 presents a rare value-add opportunity with 52% vacancy alongside five established national and regional tenants. The tenant lineup includes Snooze, Corner Bakery, T-Mobile, Floyd’s Barbershop, and Huckleberry Roasters, with 70% of occupied GLA having operated at the center 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.

Call For Offers Process

Blue West Capital, on behalf of the owner, invites you to participate in the Call for Offers process for The Streets at SouthGlenn, a value-add retail opportunity. Letters of Intent are due by 5:00 PM MT on Wednesday, June 11, 2025, and should be submitted via email to Tom Ethington.

Property Tours:
Now scheduling – reach out to the team to reserve a time.

Please include in your LOI:

  • Purchase price
  • Deposit amount
  • Estimated capital expenditures
  • Due diligence and closing timelines
  • Equity source
  • Internal approval process (if any)
  • Expected debt terms (if applicable)

Investment Highlights

  • Proforma cap rate of 8.76% (Year 3)
  • Rare value-add opportunity with over 50% vacancy
  • Tenured operating history for the majority of occupied GLA
  • Shadow-anchored by Whole Foods Market (690,000+ visits/yr)
  • The Streets at SouthGlenn sees over 4.2M visitors annually (Placer.ai)

Location Highlights

  • Located at the intersection of S University Blvd & E Arapahoe Rd (71K+ VPD)
  • 900+ units of new residential development underway in adjacent parcels
  • Proximity to Denver Tech Center (6mi) and Downtown Denver (12mi)
  • Affluent demographics with average household income of $173,000 within 3 miles
  • Densely populated area with 102,668 residents and 41,086 households within 3 miles

We are ready to assist you.

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Contact Information

650 S Cherry St | Suite 920
Denver, CO 80246

info@BlueWestCapital.com

720-989-1031