9% Cap Rate - Park Meadows Village 9447 Park Meadows Dr 8,038 SF 100% Leased Retail Building Lone Tree, CO 80124 $3,248,190 ($404.10/SF) 9% Cap Rate

9447 Park Meadows Drive is a three tenant retail investment opportunity located in The Entertainment District in Lone Tree, CO. The property is 100% occupied by three Amazon resistant tenants; Sazon | Mexican & Latin Restaurant, Mutao (Wellness Spa), Mutao (Beverage) and Coco Massage Spa.
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.
RidgeGate mixed use master planned community is under construction located four miles south of 9447 Park Meadows Drive. The development includes 30,000 residents and 53 acre Star Harbor Campus commercial development.