Blue West Capital is pleased to present the sale of the Verizon anchored outparcel to The Streets at SouthGlenn, a two tenant, 4,293 square foot retail building. The building thrives due to Centennial’s excellent demographics, the highly trafficked indoor-outdoor infill lifestyle center, and the anchor-tenant consumer draw. Available space includes highly visible 1,818 square feet space for lease. The Seller will place a 2-year rent and expense guaranty in escrow while the leasing efforts are finalized. The guaranteed rent is 20% below Verizon’s current rent, leaving upside for the new owner. An amazing opportunity to own an irreplaceable location. 

• LOCATION, LOCATION, LOCATION: 4.6M+ customers visit the lifestyle center annually.

• KEY ANCHORS: Whole Foods, Chick-fil-A, Best Buy, Regal Theaters, H&M, SouthGlenn Public Library, 214-unit luxury apartment building, 131,000 SF Class A office and two planned redevelopments.

• DENSE HIGH-INCOME DEMOGRAPHICS: The surrounding five-mile demographics boast household incomes of $133,564, a population of 290,725, and a median home value for zip code 80122 of $560,000.

• THE “WHOLE FOODS EFFECT”: Studies have shown commercial buildings located in close proximity to a Whole Foods have lower vacancy and higher rent growth.

OFFERING SUMMARY

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