Woodlawn Center
$13,300,000
1500 West Littleton Boulevard, Littleton, CO 80120
For Sale
Retail
Grocery Anchored/Community Center
Active
Last Updated: 01/16/2025
7.7
Cap Rate
1,024,056
NOI
Details:
Cap Rate: 7.7%
NOI: $1,024,056
Lot Area: 5.44 acres
Occupancy: 86.81%
Tenancy: Multiple
Gross Leaseable Area: 95,297
Highlights:
- Woodlawn Center is a neighborhood shopping center that features a dynamic mix of national and regional daily needs tenants, including Dollar Tree, Anytime Fitness, Sherwin-Williams Paints, and USPS
- The center has had strong leasing momentum through new leases and recent extensions
- Included in the recent leasing momentum, Quality Centers is currently under construction and will anchor the center. See page 16 for more information
- Starbucks relocated from a successful store in a nearby King Soopers anchored center, and constructed a drive-thru outparcel within the center (Not a Part)
- Neighboring retailers include a 7-Eleven across the street from the subject property, and a King Soopers anchored shopping center down the street along W Littleton Boulevard
- Tesla recently built a showroom and service center one mile from the subject property
- To the east of the subject property is Littleton High School (1,200+ students), and to the southwest is the Arapahoe Community College (20,000+ students)
Description:
A neighborhood center with add-value potential. In recent years, the center has seen positive leasing activity from new tenants and multiple recent extensions. Starbucks relocated to the center to a freestanding pad (not a part). Other major tenants include Dollar Tree, Quality Centers, State Beauty Supply, Sherwin Williams, and Anytime Fitness (recently extended for 10 years). The subject property also maintains excellent street visibility and monument signage. Littleton is an affluent suburb of Denver, with average household incomes of $138,676 within a 5-mile radius.
Documents:
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WoodlawnCenter_LittletonCO.pdf
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Location

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