Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1979
Building Area
Land Area ()

Property Description

As an exclusive advisor, Jones Lang LaSalle (JLL) is pleased to present the opportunity to acquire the fee simple interest in Woodmen Valley Shopping Center, a 155,362 square foot King Soopers-anchored center strategically located at the highly-trafficked intersection of East Woodmen Road and North Academy Boulevard in Colorado Springs, Colorado. Woodmen Valley presents the rare opportunity to acquire an anchored asset with the market’s leading grocer, King Soopers (Kroger, NYSE: KR; BBB).

The property is situated at an irreplaceable location in northern Colorado Springs and one of the most traveled north-south arterials in the city. It is 94% leased to a diverse roster of service-oriented and daily needs tenants. Investors can acquire this cash-flowing asset at a low basis, with attractive returns and healthy cash on cash. 

Investment Highlights

  • Highly sought after King Soopers anchored asset 
  • High traffic signalized location
  • Located along Academy Boulevard
  • Below replacement cost
  • Strong historical occupancy
Last Updated Date: 02 Dec 2020
Jason Schmidt
Jason Schmidt
Managing Director, Capital Markets, Investment Sales Advisory
License details
CO-EA.001324797

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Last Updated Date: 02 Dec 2020

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