Holliday Fenoglio Fowler, L.P. (HFF), on behalf of the owner, is marketing a 21,971-square-foot mixed-use retail and office property for sale in the Denver-area suburb of Lakewood, Colorado. Catering to a deep executive housing base and situated along the bustling Union Boulevard Corridor in West Denver, Union One offers all the attributes desired by both retail and office tenants. At 86 percent leased, the retail and office property for sale offers investors value-add potential and increasing cash flows with a diverse tenant mix that includes food and beverage, service retail, medical, education and national service provider offices.
Union One is situated on 1.49 acres at 195 South Union Boulevard. It is located just blocks from the two dominant economic drivers in the submarket, Centura Health’s St. Anthony Hospital and the Denver Federal Center, which houses the largest concentration of federal employees outside of Washington, D.C. With the Federal Center light rail station a half-mile away and immediacy to King Soopers, the No. 1 grocer in the Metro Denver market, Union One is in the heart of the most dynamic trade area in the Denver West submarket.
The retail and office property is located in close proximity to some of the most exclusive and expensive housing in the Metro area, including Lakewood, Golden, Ken Caryl, Evergreen and Morrison. This executive housing base results in superior demographics as compared to the Greater Denver area, driving retail and office demand and making the West submarket the most stable in the Metro area. These affluent residents choose West Denver for its convenient access to the mountain outdoors and to avoid the congestion of Downtown Denver.
For more information on this retail and office property for sale or other available retail, office and mixed-use properties available for sale in Colorado, please contact Jason Schmidt or Chad Murray or visit the property’s listing page, where you can download a CA. Click here for to view our real estate investment sales search page to see all of the available commercial properties for sale.