Three-Property Multi-Tenant Portfolio | Outparcels to Target and The Home Depot
Blue West Capital is pleased to offer for sale the Firestone City Centre Outparcels, a three-building, 21,234-square-foot multi-tenant retail portfolio located in Firestone, Colorado. The portfolio is 100% leased to a diversified mix of national, regional, and local tenants and is strategically positioned as outparcels to Target, The Home Depot, and American Furniture Warehouse. The newly opened Target represents the retailer’s first ground-up Colorado location in 13 years.
The portfolio features an attractive WALT and average in-place rents approximately 30%–40% below prevailing market rents, providing stable current cash flow with meaningful mark-to-market upside as leases roll. Firestone City Centre generates more than 3.7 million annual visits and benefits from strong visibility along Firestone Boulevard and convenient access to I-25.
