Vasa Fitness Anchored Neighborhood Center
Blue West Capital is pleased to exclusively offer for sale Smoky Hill Town Center, a Vasa Fitness anchored neighborhood center. The portfolio includes a 64,400 square foot three-tenant retail property. The subject property has seen recent leasing momentum with national tenants Big Blue Swim School and Vasa Fitness signing long term leases in 2021.
The subject property is located southeast of South Himalaya Street along East Smoky Hill Road creating maximum visibility and easy customer access. It benefits from access on both South Himalaya Street as well as East Smoky Hill Road. The surrounding retail stores within the center provide great synergy consisting of service and restaurant-based tenants. The other outparcels include a Safeway fuel-station, Walgreens, PNC Bank, and a multi-tenant building featuring a Chipotle.
Centennial, CO is surrounded by dense suburban neighborhoods and ranked as one of the best places to live in the United States. The Smoky Hill Town Center is conveniently located only seven minutes away from Southlands Mall, the largest shopping center in the Denver MSA. It is also less than 20 minutes from the Denver Tech Center, the region’s largest employment center with 237,000 jobs and home to most of Denver Metro’s Fortune 500 companies. The average household income within a 3-mile radius of the portfolio is $154,269, with a median home value for zip code 80015 of $596,000. These excellent demographics result in high traffic and revenue for each tenant, ensuring profitability and promising potential for future rent growth.