DENVER, CO – [January 20, 2026] – Blue West Capital is pleased to announce the sale of select retail parcels at The Streets at SouthGlenn, a premier lifestyle destination located in Centennial, Colorado, within the Denver MSA. The multi-parcel transaction totaled $28,075,000, closing at an undisclosed blended cap rate (contact broker for details).
The transaction included stabilized retail assets comprised of a Whole Foods Market condo property, Sephora condo property, Old Navy-anchored Block 4 property, and high-value stabilized portion of the Block 5 property.
The Whole Food Market offering featured a 52,193 square-foot retail condo. Whole Foods Market operates on a double-net (NN) lease backed by a corporate guarantee and offering minimal landlord responsibilities.
The Block 5 offering featured a 11,778 square-foot open-air center, with a tenant lineup consisting of Snooze AM Eatery, Corner Bakery Cafe, Floyd’s Barbershop, and Huckleberry Roasters. The Weighted Average Lease Term was 5+ years and over 85% of the rent roll has been operating at The Streets at SouthGlenn for over 15+ years.
The Sephora offering featured a 5,681-square-foot retail condo 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.
The Block 4 offering featured a 57,421 square-foot retail center, with a lineup consisting of Old Navy, Kirklands, Snobahn, Heaven Creamery, Indulge Bistro, Hometown Deli, Bloom Dental, My Music Skool, T is for Table, Tacos & Tequila, and Woodhouse Day Spa.
Blue West Capital's Tom Ethington, Robert Edwards, and Noah Harrison represented the Seller, a Colorado-based developer.
The Streets at SouthGlenn has demonstrated long-term staying power as a retail destination within the south Denver metro. Anchored by Whole Foods Market and supported by consistent traffic, the portfolio offers durable income today with additional long-term upside driven by surrounding density and planned residential growth.
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 (MDP) 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
Tom Ethington, Managing Partner
(720) 966-1624
Tom@BlueWestCapital.com
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