DENVER, CO – [February 23, 2026] – Blue West Capital is pleased to announce the sale of a single-tenant BMO Bank at The Streets at SouthGlenn — one of the Denver MSA’s most prominent lifestyle destinations — located in Centennial, CO. The property sold for $2,800,000 at an undisclosed cap rate (contact broker).
The property sits an outparcel to a dominant Whole Foods Market-anchored lifestyle center with over 4.4M annual visitors (Placer.ai). The offering featured a triple-net (NNN) ground lease with ~3.5 years of remaining term in addition to five, five-year options. The lease features a corporate guarantee from Bank of Montreal, an investment-grade entity (S&P: A).
Blue West Capital's Tom Ethington, Robert Edwards, and Noah Harrison represented the Seller, a Colorado-based developer.
We were proud to advise and represent the landlord in the sale of the BMO building at The Streets at SouthGlenn, generating significant investor demand with more than 75 offering memorandum downloads and multiple competitive offers. Ultimately, we secured a strong outcome for the Seller and a great long-term asset for the 1031 exchange buyer seeking stable income in a premier mixed-use location.
Tom Ethington, Managing Partner
Located in Centennial, CO, The Streets at SouthGlenn benefits from its proximity to major business hubs and affluent communities including Downtown Denver (12 miles), Denver Tech Center (6 miles), Highlands Ranch (5.5 miles), Greenwood Village (2.5 miles), and Cherry Hills Village (4 miles). The new SouthGlenn Master Development Plan outlines pending residential developments that will increase the number of approved residential units in the community from 350 to 1,125, raise the maximum building height for the Sears and Macy’s parcels from 50 to 75 feet, and add 25,000 square feet of open space.
PR Contact
Noah Harrison
(720) 464-7488
Noah@BlueWestCapital.com
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