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Promenade Shopping Center

Off-Market

2670 East County Line Road, Highlands Ranch, CO 80126

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  • Property Type Retail - Neighborhood Center
  • Property Size 80,192 Sqft
  • Lot Size 12.88 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1986

Location

  • City Highlands Ranch, CO
  • Neighborhood Highlands Ranch
  • Zip Code 80126
  • Market Denver

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 29 Dec, 2005
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Highlands Ranch

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Highlands Ranch Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $27.32
  • 2020 Office Vacancy Rate 27.43 %
  • 2020 Office Completions (Sqft)
View more Highlands Ranch market trends

Tax

  • Property Tax in 2020 $352,164
  • Market Value $13,093,520
  • Assessed Value $13,093,520

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Promenade Shopping Center?

Promenade Shopping Center totals 80,192 square feet.

When was this property built?

Promenade Shopping Center was built in 1986.

When was Promenade Shopping Center last sold?

Promenade Shopping Center was last sold on 29 Dec, 2005.

What is the property tax for Promenade Shopping Center?

The property tax for Promenade Shopping Center in 2020 was $352,164.

What is the market value for Promenade Shopping Center?

The market value for Promenade Shopping Center in 2020 was $13,093,520.

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