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Village Square Shopping Center 535-645 E South Boulder Rd

40,211 SF 94% Leased Retail Building Louisville, CO 80027 $10,112,000 ($251/SF) 7.10% Cap Rate

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Investment Highlights

Anchored by Dollar Tree new ten-year lease and Shadow Anchored Shamrock Foods Grocery

Unrivaled Louisville Location With Strong Visibility And High Density Residential Surrounding

Executive Summary

NavPoint Real Estate Group is pleased to offer qualified investors the opportunity to acquire Village Square Shopping Center, a 40,211-square-foot multi-tenant retail property in Louisville, Colorado. The subject property offers in-place income, significant recent exterior upgrades, and is anchored by Dollar Tree.

Village Square Teaser

Offering Memorandum

Property Facts Under Contract

Sale Type

Investment

Property Type

Retail

Property Subtype

Storefront

Building Size

40,211 SF

Building Class

Year Built

1979

Price

$10,112,000

Price Per SF

$251

Cap Rate

7.10%

NOI

$718,022

Percent Leased

94%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.29

Lot Size

3.18 AC

Parking

500 Spaces (12.43 Spaces per 1,000 SF Leased)

Frontage

224 FT on South Boulder Rd

Amenities

Bus Line

Pylon Sign

Signage

Space Availability

605
2,400 SF
Retail
End Cap
Now

Village Square Shopping Center is located along the high-traffic East South Boulder Road retail corridor with a short walk to Old Town Louisville and a quick and direct 15-minute drive to Boulder. Abundant and convenient parking here, and Village Square’s exterior is under extensive beautification.