Luxury Retail in Premier Lifestyle Center
Blue West Capital is pleased to exclusively offer for sale a single-tenant Sephora located at The Streets at SouthGlenn, a premier open-air lifestyle center in Centennial, Colorado.
The offering includes a 5,681-square-foot retail condo fully leased to Sephora, an international personal care beauty product retailer. Sephora operates on a gross lease, offering the potential for future expense savings. The lease includes percentage rent tied to store sales, creating a built-in hedge against inflation. Backed by a corporate guarantee from Sephora USA, Inc., a subsidiary of LVMH (S&P: AA-), this offering presents a unique, high-credit opportunity in an irreplaceable location next to a top-performing Whole Foods Market.
This location benefits from high visibility along University Blvd (38,800 VPD) and draws from a dense, affluent trade area. With over 4.2 million annual visitors, SouthGlenn ranks as the #1 foot-traffic lifestyle center in the Denver MSA (Placer.ai).