Available

Available

Sephora | The Streets at SouthGlenn

Centennial, CO 80122

Price

$3,825,400

Cap Rate: 6.00%

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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).

Investment Highlights

  • Corporate guarantee from Sephora USA, Inc. (subsidiary of LVMH, S&P: AA-)
  • Gross lease structure offers future value-add potential
  • Includes percentage rent based on gross sales, providing built-in inflation hedge
  • 3.75+ years remaining on primary lease term with one, five-year renewal option
  • High visibility along University Blvd with strong signage and customer access
  • Positioned steps from Whole Foods with foot traffic increasing +43.7% Yo3Y

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