Value Add Opportunity in Core Denver MSA Neighborhood

• Squire Plaza features a mix of retail and office spaces, with 36 tenants currently occupying the property.
• 90% of the Rent Roll is currently on gross leases, with 72% of the tenants’ primary lease terms expiring before the end of 2025.
• This investment features a plethora of upside, allowing investors the opportunity to convert a majority of the units to NNN leases and extending lease terms within a short timeframe.

Opportunity to Acquire at Very Low Basis - Below Replacement

• The subject property is being offered at $160.10 per SF based on the improvements, well below the cost to replace the building.

Prime Location at Coveted Denver Corridor, Colfax Ave

• Colfax Ave functions as a primary thoroughfare for commuters living in both western and eastern Denver suburbs. Colfax Ave stretches 50-miles and is known as the longest continuous commercial street in America. The road stretches the width of the Denver metro from I-225 in the east to I-70 in the west. Directly in front of Squire Plaza, there are over 25,000 vehicles that pass by the subject property every day.

Essential Neighborhood Retail Center with Strong Supporting Demographics

• Squire Plaza is home to a variety of essential retailers that thrive off the visibility and consumer traffic that Colfax Ave frontage offers.
• Within a 5-mile radius of the subject property, there is a population of 362,173, 158,737 households, and an average household income of $104,882. The essential retailers that occupy the subject property offer synergies to the dense demographics that immediately surround the trade area.