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Lease Listings $105,000  

PROPERTY OVERVIEW
– Square Footage. 20,819 (former Rite Aid)
– Sublease Opportunity. BELOW market rate; Expires 3/31/26
– Neighboring tenants. Cherry Knolls SC includes Natural Grocers, Chase, Orange Theory
– Visibility. S University Blvd
– Access. S University Blvd & E Arapahoe Rd
– Signage. Building + Shared Pylon
– Parking. Large field in front of store
– Loading. Rear docks
– Restricted Uses. Retail pharmacy

AREA OVERVIEW
– Major Intersection. ±70K VPD
– Demographics. High population density + incomes
– Residential Growth. The Streets at SouthGlenn is directly across the street. This mixed-use project currently has ±1MM SF of commercial and 202 residential units. The City of Centennial recently approved an increase in residential density to 1,273 units as part of the future redevelopment of the Sears and Macy’s buildings.

SUB-LEASE TERMS
SUGGESTED RENT*   $105,000 ($5.00 psf) (inclusive of RET; R&M, insurance, utilities separate)
TERM                              Co-terminus (3/31/26)
DELIVERY                     “As-Is”
OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee

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