12/17/2025
JUST SOLD: Cottonwood Plaza, located west of downtown Denver, Colorado purchased by a private, out of state buyer for above market pricing. The 93.7% occupied shopping center with 20+ tenants including national anchors and internet-resistant service tenants attracted around a dozen offers. The asset offers the new owner near-term NOI growth through the lease-up of two remaining vacancies in a highly active leasing environment and a Dollar Tree anchor tenant leased through 2034 and a 5.79-year weighted average lease term (WALT) for the overall property providing stable, predictable cash flow and long-term income stability.