University Park - Highlands Ranch — Sale in Highlands Ranch, CO

  • Price: $213K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Highlands Ranch, CO 80126
  • Year built: 2002

Photos

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Description

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to present the rare opportunity to acquire University Park (the "Property"), an institutional quality, Whole Foods anchored shopping center in Highlands Ranch, Colorado. The center totals 88,618 square feet and is 98.5% leased, with a weighted average lease term of 4.6 years and nearly 13 years of average tenant tenure, reflecting a stable, long-standing tenant base. Highlands Ranch sits within Colorado's wealthiest county, with an average household income exceeding $213,000. That density and affluence are reflected in the center's tenant mix, anchored by the only Whole Foods in Highlands Ranch, which generates sales exceeding $1,150 PSF, Chase Bank, Five Guys, Starbucks, Jersey Mikes, Circle K, and newly executed leases with SweatHouz and Elan Lash and Head Spa. University Park offers investors a rare chance to acquire a generational, core grocery anchored asset in an irreplaceable location, with meaningful upside through contractual rent growth reflecting a 2.6% 10-year CAGR.

Market Context

This retail in Highlands Ranch, CO is listed for sale at $213,000. The building dates to 2002. Compare it against other retail listings for sale in Highlands Ranch, CO — view the full market.

As of Q1 2026, the Denver retail market showed a 4.4% vacancy rate, and cap rates around 6.7%. Source: multiple brokerage reports, Q1 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

What is the typical cap rate for retail in Denver?
About 6.7% as of Q1 2026, per multiple brokerage reports.
Is the Denver retail market tightening or softening?
Vacancy is around 4.4% (Q1 2026).

Estimated Price per SF

$207.24/SF – $1,507/SF

Mid: $627.99/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.

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