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9445 Park Meadows Dr 8,929 SF Retail Building Lone Tree, CO 80124 $4,500,000 ($503.98/SF)
INVESTMENT HIGHLIGHTS
- In excess of $1.1 million in capital improvements have been made to the property since 2022
- Large lot with abundant parking
- Owner/user, investment, or redevelopment opportunity
- Potential assemblage opportunity - please contact listing agents for details
- Located within Lone Tree Entertainment District
EXECUTIVE SUMMARY
9445 Park Meadows Drive is a 8,929-square-foot banquet and event center. Acquired in 2022, the current owners have invested more than $1.1 million in capital improvements, offering a fully turnkey opportunity for the next owner.
Located in Lone Tree, Co, the subject property is less than one mile from Park Meadows Mall, the largest enclosed shopping mall in Colorado, and is surrounded by the 12 acre former United Artist Theater site that is proposed for a mixed use redevelopment adding residential density, new retail, public plaza and pedestrian connectivity. Jack’s Steakhouse, a 14,000 SF restaurant is under construction at NEC Yosemite & Park Meadows Drive and there is a new “eater-tainment” concept proposed for SEC Yosemite & Maximus Drive.
Located in Lone Tree, Co, the subject property is less than one mile from Park Meadows Mall, the largest enclosed shopping mall in Colorado, and is surrounded by the 12 acre former United Artist Theater site that is proposed for a mixed use redevelopment adding residential density, new retail, public plaza and pedestrian connectivity. Jack’s Steakhouse, a 14,000 SF restaurant is under construction at NEC Yosemite & Park Meadows Drive and there is a new “eater-tainment” concept proposed for SEC Yosemite & Maximus Drive.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,929 SF
Building Class
B
Year Built
2001
Price
$4,500,000
Price Per SF
$503.98
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.85 AC
Zoning
GTC, Englewood
Parking
150 Spaces (16.8 Spaces per 1,000 SF Leased)
Frontage
164’ on Park Meadows Dr
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- The Royal Palace
- Accommodation and Food Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| The Royal Palace | Accommodation and Food Services | - | - | - |
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
? New roof (2023) & new exhaust/hood system ? 400+ chairs, 40 round tables, 8 rectangular tables, 3 chef tables ? 16' x 8' stage with LED dancefloor & DJ booth with LED lighting ? Remote security systems for peace of mind ? Brand-new bridal suite & upgraded restrooms ? 24' bar for seamless service ? Approved patio for 120 seats (railings in storage, ready to install) ? Fully operational scratch kitchen—adds additional income potential
| Space | Size | Space Use | Position | Available |
| 1st Floor | 8,929 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 8,929 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1 of 8
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1st Floor
| Size | 8,929 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
? New roof (2023) & new exhaust/hood system ? 400+ chairs, 40 round tables, 8 rectangular tables, 3 chef tables ? 16' x 8' stage with LED dancefloor & DJ booth with LED lighting ? Remote security systems for peace of mind ? Brand-new bridal suite & upgraded restrooms ? 24' bar for seamless service ? Approved patio for 120 seats (railings in storage, ready to install) ? Fully operational scratch kitchen—adds additional income potential
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Park Meadows Dr | Kimmer Dr, W | 17,598 | 2025 | 0.08 mi |
| Park Meadows Dr | Kimmer Dr, E | 16,234 | 2025 | 0.08 mi |
| Kimmer Dr | PkMeadows Dr, N | 2,182 | 2025 | 0.10 mi |
| Park Meadows Dr | S Yosemite St, NW | 16,752 | 2025 | 0.13 mi |
| CO 470 Express | S Yosemite St, NW | 106,303 | 2025 | 0.14 mi |
| PARKMEADODR | S Yosemite St, NW | 17,777 | 2025 | 0.17 mi |
| Park Meadows Drive | S Yosemite St, NW | 19,166 | 2025 | 0.17 mi |
| C-470 | S Yosemite St, NW | 101,725 | 2025 | 0.19 mi |
| S Yosemite St | PkMeadows Dr, SW | 35,116 | 2025 | 0.19 mi |
| 470A | Kimmer Dr, SW | 102,540 | 2023 | 0.20 mi |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2231-033-05-010 | Improvements Assessment | $469,960 |
| Land Assessment | $314,770 | Total Assessment | $784,730 |
PROPERTY TAXES
Parcel Number
2231-033-05-010
Land Assessment
$314,770
Improvements Assessment
$469,960
Total Assessment
$784,730
MAP
ADDITIONAL PHOTOS
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