Investment Overview
Park Meadows Strip Center is positioned at the crossroads of I-25 and C-470, this fully occupied, three-tenant strip center offers investors stable in-place income backed by national-credit tenants in Douglas County, which has the highest median household income of any Colorado county.
Investment Highlights
- DXL & Visionworks are on corporate leases, and AT&T is operated by an authorized AT&T retailer. All tenants reimburse for CAM, taxes, insurance, and pay an additional admin fee.
- DXL, AT&T, and Visionworks have all operated at the center since the property was developed in 2001, displaying a strong commitment to the trade area
- Originally a 4-tenant strip center, DXL expanded into the adjacent space in 2015 and increased its footprint by approximately 2,700 SF
- AT&T also leases space on the premises for the use of a wireless communications facility, which generates an additional $25,224 in annual income
- Located at the convergence of I-25 and C-470 within a retail district bounded by those two highways Quebec Street, and County Line Road
- The RTD County Line light rail station is approximately 1 mile from the property, providing multimodal access to the broader Denver metro
- The $16.5M I-25 Lone Tree Mobility Hub is currently under construction at the I-25 and Lincoln Avenue interchange, which will further enhance regional connectivity
- Douglas County’s 2024 median household income of $149,594 ranks highest among all Colorado counties and seventh highest nationally among U.S. counties
- Douglas County grew approximately 13.5% from 2019 to 2025, reaching nearly 400,000 residents, and ranks among Colorado’s fastest-growing counties
- Adjacent to Park Meadows, a 1.5M+ SF regional center with 185+ retailers (anchored by Nordstrom, with lululemon, Alo Yoga, Crate & Barrel, and Tesla) that drew approximately 10.1 million visits over the past 12 months per Placer.ai, with The Vistas open-air addition expanding the mall with outdoor shopping and dining
- Continuing expansion and significant master-planned projects will continue to propel population growth, amenities, and will make Lone Tree its own regional hub