7059 E Lowry Blvd
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7059 E Lowry Blvd
24,944 SF Retail Building Denver, CO 80230 £8,427,769 (£338/SF) 5.50% Net Initial Yield
Investment Highlights
- Irreplaceable Central Denver location
- Co-anchored by Exchange at Boulevard One, the premier mixed use developments in Denver
- Brand new Class A construction - completed July 2023
- Regional Specialty Grocery with over 45 years of operating history
Executive Summary
CBRE National Retail Partners Mountain is pleased to exclusively offer a single-tenant, new construction Clark’s Market located in Denver,
Colorado. The offering is inclusive of a NNN lease with 10 year term plus three 5-year contract renewal options.
The offering features a recently constructed, Class A 24,944-square foot freestanding retail facility built to spec exclusively for Clark’s Market. The Property is adjacent to Exchange at Boulevard One, an award winning mixed-use retail, medical office and residential development. Clark’s Market is positioned along East Lowry Boulevard within the Lowry neighborhood with convenient access to Downtown Denver, Cherry Creek North and the Denver Tech Center.
Clark’s Market is being offered free and clear of existing debt on an “As-Is/Where is” basis.
Colorado. The offering is inclusive of a NNN lease with 10 year term plus three 5-year contract renewal options.
The offering features a recently constructed, Class A 24,944-square foot freestanding retail facility built to spec exclusively for Clark’s Market. The Property is adjacent to Exchange at Boulevard One, an award winning mixed-use retail, medical office and residential development. Clark’s Market is positioned along East Lowry Boulevard within the Lowry neighborhood with convenient access to Downtown Denver, Cherry Creek North and the Denver Tech Center.
Clark’s Market is being offered free and clear of existing debt on an “As-Is/Where is” basis.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
24,944 SF
Building Class
B
Year Built
2023
Price
£8,427,769
Price Per SF
£338
Net Initial Yield
5.50%
NOI
£463,539
Tenancy
Single
Number of Floors
1
Building FAR
0.38
Lot Size
1.50 AC
Zoning
C-MX - Commercial
Parking
17 Spaces
Frontage
282 ft on Pontiac Street
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 6084-32-031 | Improvements Assessment | £586,251 |
| Land Assessment | £572,527 | Total Assessment | £1,158,777 |
PROPERTY TAXES
Parcel Number
6084-32-031
Land Assessment
£572,527
Improvements Assessment
£586,251
Total Assessment
£1,158,777
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7059 E Lowry Blvd
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