Schwazze dba Star Buds

For Sale

265 S Wadsworth Blvd, Lakewood, CO 80226

This Lakewood property for sale is located at 265 S Wadsworth Blvd. The current listed sale price for Schwazze dba Star Buds is $2,978,000. Schwazze dba Star Buds is situated on a lot that is 0.26 acre in size.

Contacts

broker

John Andreini

CP Partners

(415) 274-2715

Property Details

  • Property Type Retail - Freestanding
  • Property Size 11,587 SF
  • Units 1
  • Lot Size 0.26 Acre
  • Property Tenancy Single Tenant
  • Year Renovated 2023
  • Date Updated Apr 1, 2024
-A publicly traded company Schwazze dba Star Buds featuring a 15-year ground lease with 15% rental increases every 5 years in the Denver MSA. The subject property enjoys outstanding visibility on a signalized corner at an intersection, with a combined traffic flow of approximately 100,000 vehicles per day. It is strategically positioned amidst numerous shopping centers, notably the Belmar Shopping District, home to prominent national retailers like Whole Foods, Target, Dick’s Sporting Goods, Best Buy, and Nordstrom Rack.

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Highlights

  • Brand-new 15-year ground lease with 15% rental increases every 5 years
  • Corporate guaranty from Medicine Man Technologies, Inc.
  • Zero Landlord expense & maintenance obligations
  • Medicine Man Technologies, Inc. (now operating as Schwazze) is a publicly traded company that owns and operates a portfolio of 8 leading cannabis brands with 33 retail dispensaries, 7 cultivation/grow facilities, and 2 manufacturing facilities
  • Lakewood is an idyllic suburb of Denver – 6th largest MSA in the Western U.S.
  • Located across from Belmar Shopping District – 88th percentile in terms of annual visitors to super-regional malls in Colorado

Getting around

  • 84/100

    Walk Score ®

  • 43/100

    Transit Score ®

  • 75/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lakewood, CO
  • Neighborhood Mid-Lakewood Civic Association
  • Zip Code 80226
  • Market Denver

Points of Interest

  • Lakewood - Wadsworth

    1.73 miles

  • Lamar

    1.92 miles

  • Garrison

    1.96 miles

  • Sheridan

    2.23 miles

  • Federal Center

    2.57 miles

  • Oak

    2.69 miles

  • Perry

    2.75 miles

  • Knox

    3.10 miles

  • Decatur Federal

    3.56 miles

  • Red Rocks College

    3.85 miles

  • ChargePoint

    0.29 miles

  • 7-Eleven

    0.56 miles

  • Phillips 66

    0.98 miles

  • Conoco

    1.02 miles

  • Valero

    1.10 miles

  • Conoco

    1.11 miles

  • Conoco

    1.40 miles

  • Shell

    1.51 miles

  • Liberty Gas

    1.51 miles

  • 7-Eleven

    1.58 miles

  • H

    0.79 miles

  • 1075

    0.99 miles

  • 6

    1.01 miles

  • 7791

    1.02 miles

  • 7951

    1.03 miles

  • Gold

    1.06 miles

  • AAA

    1.08 miles

  • Taqueria

    1.08 miles

  • Brunswick

    1.08 miles

  • The Jefferson

    1.09 miles

  • Dairy Queen

    0.02 miles

  • Olive Garden

    0.03 miles

  • Noodles & Company

    0.08 miles

  • Smashburger

    0.08 miles

  • Chipotle

    0.09 miles

  • In-N-Out Burger

    0.11 miles

  • Jimmy John's

    0.11 miles

  • Village Inn

    0.14 miles

  • First Watch

    0.14 miles

  • IHOP

    0.16 miles

  • Whole Foods Market

    0.20 miles

  • Bath & Body Works / EcoPolitan

    0.21 miles

  • King Soopers

    0.23 miles

  • Target

    0.32 miles

  • Walmart Supercenter

    0.74 miles

  • Viet Hoa Supermarket

    1.44 miles

  • Carmine Lonardo's

    1.52 miles

  • Won's Market

    1.59 miles

  • Big Lots

    1.91 miles

  • King Soopers

    2.08 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

John Andreini

CP Partners

(415) 274-2715