Palmer Plaza — Sale in Northglenn, CO

  • Price: $118K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Northglenn, CO 80233
  • Size: 21,316 SF
  • Year built: 1987

Photos

Palmer Plaza — Sale in Northglenn, CO, photo 1 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 2 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 3 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 4 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 5 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 6 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 7 of 8
Palmer Plaza — Sale in Northglenn, CO, photo 8 of 8

Description

Jones Lang LaSalle Americas, Inc. (“JLL”), as exclusive advisor, is pleased to offer investors the opportunity to acquire the 100% fee interest in Palmer Plaza (“The Property”), 21,316 square feet of high profile retail shops located in Northglenn, Colorado. The center is 98% leased, includes 9 tenants and is anchored by Sherwin-Williams, benefiting from a strong mix of service tenants including Abbey Carpet & Tile, RE Fitness and Nutrition, Tokyo Teriyaki, and Sunshine Nails. Situated directly adjacent to Natural Grocers, the Property benefits from the consistent foot traffic and customer draw generated by this popular grocery anchor. This highly trafficked retail corridor provides a consumer base of 325,305 people with a healthy average household income of over $118,000. Palmer Plaza is ideally positioned along Washington Street, which sees over 25,000 vehicles per day, providing excellent accessibility and visibility. The Property, built in 1987, features a diverse tenant mix of unique local businesses and national tenants with strong historical occupancy. The Property represents the lowest retail rents in an active retail corridor that is underrepresented with in-line shop space, allowing ownership to invest in the asset and increase lease rates. Palmer Plaza’s ideal location, high visibility, and below market average lease rates offer an investor an outstanding investment opportunity.

Market Context

This retail in Northglenn, CO is listed for sale at $118,000 across 21,316 SF. The building dates to 1987. Compare it against other retail listings for sale in Northglenn, 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).

Contact

Explore this market

Similar Retail Business for Sale in Northglenn, CO