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Festival Shopping Center

Off-Market

8170 South University Blvd, Littleton, CO 80122

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  • Property Type Retail - Community Center
  • Property Size 197,196 SF
  • Lot Size 15.53 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1985

Location

  • Walk Score ® Very Walkable (75)
  • Transit Score ® Minimal Transit (21)
  • Bike Score ® Bikeable (59)
Powered by Walk Score ®
  • City Littleton, CO
  • Neighborhood Highlands
  • Zip Code 80122
  • Market Denver

Points of Interest

Littleton Downtown

4.19 miles

Dry Creek

4.47 miles

County Line

4.68 miles

Belleview

5.01 miles

Sky Ridge

5.40 miles

Lone Tree City Center

5.88 miles

Southmoor

5.97 miles

RidgeGate Parkway

6.03 miles

Englewood

6.37 miles

Alameda

9.81 miles

eVgo

2.19 miles

SemaCharge

2.21 miles

SemaCharge

3.13 miles

Shell

4.30 miles

Tesla Supercharger

5.22 miles

Phillips 66

6.33 miles

SemaCharge

6.47 miles

Shell

6.93 miles

Phillips 66

7.15 miles

Diamond Shamrock

7.51 miles

Spring Gulch Park

4.14 miles

Douglas County E/W Trailhead Parking

4.22 miles

Great-West Financial Center

4.67 miles

5275

4.84 miles

9101

6.94 miles

Parking Lot 108

7.93 miles

Academy Plaza 2 & 3

8.32 miles

Rueter-Hess Trailhead Parking

8.32 miles

Service Parking

8.33 miles

Aurora Marketplace Garage

8.34 miles

Wingstop

1.98 miles

Einstein Bros. Bagels

2.40 miles

Denny's

2.73 miles

Subway

4.27 miles

The Lost Cajun

4.65 miles

Pappadeaux Seafood Kitchen

4.79 miles

GrabbaGreen

5.06 miles

Chaka's

7.96 miles

Al Basha Grill

7.97 miles

KFC

8.00 miles

Target

0.44 miles

Dry Creek Center

0.75 miles

Ross

1.74 miles

General Store 45

4.37 miles

JCPenney

4.42 miles

Park Meadows Mall

4.45 miles

Target

4.45 miles

Nordstrom

4.56 miles

The Landmark at Greenwood Village

4.62 miles

Marshalls

4.64 miles

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 Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Littleton

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 Littleton Office Market

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

  • 2020 Avg. Asking Rent $29.08
  • 2020 Office Vacancy Rate 8.64%
  • 2020 Office Completions (SF)

Littleton Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per SF $123.79
  • Y-o-Y Avg. PpSF Change 8.03%
  • 2020 Office Sales Volume $21.7M
  • 2020 Number of Transactions 3
View more Littleton market trends

Tax

  • Property Tax in 2021-2022 $594,284
  • Market Value* $17,917,000
  • Assessed Value $17,917,000

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

Frequently Asked Questions

What is the total square footage of Festival Shopping Center?

Festival Shopping Center totals 197,196 square feet.

When was this property built?

Festival Shopping Center was built in 1985.

What is the property tax for Festival Shopping Center?

The property tax for Festival Shopping Center in 2021-2022 was $594,284.

What is the market value for Festival Shopping Center?

The market value* for Festival Shopping Center in 2021-2022 was $17,917,000.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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