Pindustry Center at Greenwood Entertainment District

For Sale

7939 E Arapahoe Rd, Greenwood Village, CO 80112

This Greenwood Village property for sale is located at 7939 E Arapahoe Rd. The current listed sale price for Pindustry Center at Greenwood Entertainment District is $24,150,000. Pindustry Center at Greenwood Entertainment District is situated on a lot that is 4.23 acre in size.

Contacts

broker

Kevin Matthews

SVN | Denver Commercial

(303) 974-5893

Property Details

  • Property Type Retail - Strip
  • Property Size 55,259 SF
  • Units 14
  • Lot Size 4.23 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Year Renovated 2021
  • Date Updated Feb 29, 2024
This center is located in one of Denver’s most exclusive and desirable cities (Greenwood Village) along the busiest thoroughfare (Arapahoe Rd) in the south Denver metro. Daily traffic exceeds 46,000 vehicles on average. This dynamic and affluent submarket has a Median Household Income of $127,500 and a Median Home Value of $939,200. The Property is surrounded by an affluent neighborhood with many national tenants serving the trade area. In front of the Property is a new build-to-suite Shake Shack, a newly relocated Starbucks, and a brand-new QuickTrip. The immediate area includes numerous popular businesses within walking distance, such as Fiddlers Green Amphitheater and Grange Hall, as well as dozens of class-A apartment complexes and office buildings.SVN Denver Commercial is proud to present for sale the Pindustry Center at Greenwood Entertainment District. This multi-tenant offering includes the newest premier entertainment destination in Colorado, Pindustry. The property boasts an 18.1-year Weighted Avg Lease Term (WALT) with a mix of eCommerce-proof tenants, including Rogue Wine Bar & Patio, WingWok, Carrera's Tacos, Sukiya Ramen, & Capprioti's Sandwich Shop, to name a few. The property has incredible foot traffic, with a recent estimate from placer.ai logging 336k visitors to Pindustry in the past 12 months. The property was completely renovated in 2021 with approximately $13 million in new improvements.

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Highlights

  • A Premier Entertainment Destination in the Denver MSA | Pindustry Boasts Huge Sales
  • Brand New Facade and Improvements of Approx $13 Million Completed in 2021
  • Excellent Demographics with HH Income Over $150,000 in a 1-Mile Radius | Dense Infill Location
  • 18.1-Year WALT | Prime Tenant Mix with Staggered Lease Expirations | 20+ Years Left on Pindustry Lease
  • Surrounded by New Apartment Developments | Frontage Along Arapahoe Road with over 46,000 VPD
  • Attractive 4% Fixed Rate Assumable Loan | Initial Cash on Cash Return over 7.45%

Getting around

  • 62/100

    Walk Score ®

  • 44/100

    Transit Score ®

  • 46/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Greenwood Village, CO
  • Neighborhood Greenwood Village
  • Zip Code 80112
  • Market Denver

Points of Interest

  • Arapahoe at Village Center

    0.57 miles

  • Orchard

    1.19 miles

  • Dry Creek

    1.66 miles

  • Belleview

    2.18 miles

  • County Line

    2.76 miles

  • Dayton

    3.39 miles

  • Southmoor

    3.74 miles

  • Lincoln

    3.80 miles

  • Sky Ridge

    4.68 miles

  • Nine Mile

    5.08 miles

  • Valero

    0.07 miles

  • Shell

    0.27 miles

  • Conoco

    0.55 miles

  • Shell

    0.94 miles

  • 7-Eleven

    1.15 miles

  • Conoco

    1.20 miles

  • 7-Eleven

    1.40 miles

  • Loaf 'N Jug

    1.53 miles

  • Circle K

    1.59 miles

  • Shell

    1.69 miles

  • Arapahoe Village Center Park-n-Ride

    0.66 miles

  • Parking Garage

    0.71 miles

  • Arapahoe at Village Center Garage

    0.71 miles

  • Great-West Financial Center

    1.07 miles

  • 5800 Great-West Financial Center

    1.14 miles

  • Orchard Station Park & Ride

    1.17 miles

  • Willow 1 Pool parking

    1.32 miles

  • Colorado Athletic Club

    1.37 miles

  • 5350 South Valentia Way

    1.44 miles

  • 2-hour limit & handicapped

    1.48 miles

  • H&G Asian Cafe

    0.02 miles

  • Old Chicago

    0.10 miles

  • Macaroni Grill

    0.11 miles

  • CB & Potts

    0.13 miles

  • Elephant Grill

    0.16 miles

  • Hyderabad House

    0.17 miles

  • Tocabe

    0.22 miles

  • Benedicts

    0.22 miles

  • Abo's Pizza

    0.25 miles

  • Qdoba

    0.25 miles

  • Safeway

    0.30 miles

  • Sprouts Farmers Market

    0.39 miles

  • Target

    0.88 miles

  • King Soopers

    1.44 miles

  • The Landmark at Greenwood Village

    1.54 miles

  • King Soopers

    1.65 miles

  • Walmart Supercenter

    1.96 miles

  • Ross

    2.20 miles

  • Konark Grocers

    2.21 miles

  • King Soopers

    2.22 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Kevin Matthews

SVN | Denver Commercial

(303) 974-5893