Cushman & Wakefield, as exclusive advisor for the Seller, is pleased to present the opportunity to acquire Leetsdale Marketplace, a 111,669 square-foot grocery anchored retail center (the “Property”) located in Denver, CO. The Property is arranged in an efficient “L” shaped angled layout with all storefronts facing Leetsdale Drive or Quebec Street. The center benefits from the topography with visibility from all angles at street level, and robust combined traffic counts of 74,000 vehicles per day at the intersection. The Property was originally constructed in 1992.

The Property is located at the southwest quadrant of Leetsdale Drive and South Quebec Street. Leetsdale serves as a non highway connection from Cherry Creek to Denver’s southeast suburbs. Cherry Creek & Glendale have been bright spots within the office trends and commercial real estate sector. As Glendale further strengthens it’s daytime employment and entertainment offerings, this submarket will become and even more attractive place to live, and strengthen the consumer patterns for the Property. The center is currently 59% leased to 18 tenants. Save A Lot grocery is positioned as the anchor tenant but offers significant upside should they ever vacate due to the gross lease structure and limited target market they serve. The average in-place rent is $17.15/SF, and when excluding the anchor is $20.57/SF. Through every lens, Leetsdale Marketplace profiles for value-add driven investors.