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INVESTMENT OPPORTUNITY EXCLUSIVELY PRESENTED BY: 4500 CHERRY CREEK DRIVE SOUTH, SUITE 1060 DENVER, COLORADO 80246 PAUL DECRESCENTIS President (303) 333-9799 [email protected] JAROD PATE Broker (720) 881-2727 [email protected] LONE TREE COMMONS 7600 Park Meadows Drive Lone Tree, Colorado 80124

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Page 1: INVESTMENT OPPORTUNITYcommercialrealestatedenver.co/userfiles/1217/files/... · 2018-03-28 · INVESTMENT OPPORTUNITY DePaul Real Estate Investment Group is pleased to have been selected

INVESTMENT OPPORTUNITY

EXCLUSIVELY PRESENTED BY: 4500 CHERRY CREEK DRIVE SOUTH, SUITE 1060 DENVER, COLORADO 80246 PAUL DECRESCENTIS President (303) 333-9799 [email protected]

JAROD PATE Broker (720) 881-2727 [email protected]

LONE TREE COMMONS 7600 Park Meadows Drive

Lone Tree, Colorado 80124

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INVESTMENT OPPORTUNITY

DePaul Real Estate Investment Group is pleased to have been selected as the

exclusive brokers for the sale of Lone Tree Commons, located in Lone Tree,

Colorado.

Location is everything in retail; this asset and its location possess every positive

attribute an investor desires: Visibility, Access, Quality Construction, Quality

Tenants, Pride-of-Ownership, High Traffic Counts and Stable Revenue Stream.

Property tours are available upon request. To schedule a property tour or to

request any additional information, please contact Jarod Pate or Paul

DeCrescentis at 303-333-9799.

PROPERTY ADDRESS 7600 Park Meadows Drive Lone Tree, Colorado 80124

PROPERTY TYPE Retail (Neighborhood Center)

OCCUPANCY 96%

PURCHASE PRICE $11,600,000

CURRENT NOI $756,312

CAP RATE 6.5%

PROPERTY SIZE 44,898 SF

YEAR BUILT 2001

PARKING 224 Parking Spaces (5.23 per 1,000 SF)

TENANTS Ballet Physique Studios, Simplicity Laser, Interstate Highway Construction, Lone Tree Cleaners, OP Nails, Allstate Insurance, Spalicious, Plato’s Closet, Tiger Rock Martial Arts of Lone Tree, Painting with a Twist, Joy Sushi, Chic Couture, Smallcakes, SV Groceries, Aqua Tots, Lone Tree CrossFit

DEMOGRAPHICS 1 MILE 3 MILES 5 MILES

2015 EST. POPULATION 13,205 100,575 208,833

AVERAGE HH INCOME $116,524 $119,190 $119,720

DAYTIME EMPLOYEES 6,470 100,580 206,193

BUSINESSES 637 7,751 16,064

STRONG FUNDAMENTALS

Strong demographics with over 200,000 people and over $119,000 average

household income in a 5-mile radius.

National and regional tenants.

Steady traffic created by Sam’s Club (across the street) and the Park

Meadows Mall Shopping District.

Abundant parking and a synergetic tenant mix.

Well maintained, pride-of-ownership property with attractive architecture.

FOR MORE INFORMATION, PLEASE CONTACT: PAUL DECRESCENTIS President (303) 333-9799 [email protected]

JAROD PATE Broker (720) 881-2727 [email protected]

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LONE TREE COMMONS LONE TREE, COLORADO

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LONE TREE COMMONS LONE TREE, COLORADO

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LONE TREE COMMONS LONE TREE, COLORADO

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4500 Cherry Creek Drive South, Suite 1060 Denver, Colorado 80246 P: 303-333-9799 F: 303-333-1703 www.depaulreig.com

Page 1

RE: Lone Tree Commons

7600 Park Meadows Drive

Lone Tree, Colorado 80124

Dear Sir or Madam:

You have expressed interest in a potential transaction (the "Transaction") whereby

________________________________________ ("Potential Buyer") would purchase from Roseben LT, LLC, a Delaware limited

liability company, (“Owner”) that certain real property commonly referred to as Lone Tree Commons, located at 7600 Park

Meadows Drive, Lone Tree, Colorado 80124 (the "Property").

In connection with the Potential Transaction but subject to the Potential Buyer's agreements as set forth herein, the

identity and terms of agreements between Owner and third parties ("Third Parties") will be provided to Potential Buyer and the

Potential Buyer will be provided with certain information and materials pertaining to the Third Parties’ financial condition and

other matters related to the Third Parties’ business. In furtherance thereof, it is necessary that the Potential Buyer execute

below, acknowledging its agreement to comply with the following terms and conditions regarding the confidential nature of

these discussions and negotiations and all of the materials and information to be provided to Potential Buyer in furtherance

thereof.

Specifically, it is hereby agreed that all materials and information provided to Potential Buyer shall be used by Potential

Buyer solely for the purpose of evaluating the Transaction and not in any way directly or indirectly detrimental to the Owner or the

Third Parties or in competition with the Owner or the Third Parties and, such materials and information, including without limitation,

all financial information concerning the Owner, the Property or the Third Parties, shall be kept and maintained in the strictest

confidence by Potential Buyer and its agents, employees, representatives and advisors and shall not be disclosed, verbally or in

writing, to any other person or entity either now or at any time in the future, except that Potential Buyer may disclose the materials

or applicable portions thereof to those of its directors, officers and employees and representatives of its advisors who need to know

such information for the purpose of evaluating such transaction (it being understood that those other persons will be informed of

the confidential nature of the materials and will agree, in writing, to be bound by this agreement and not to disclose the information

to any other individuals). Without limiting the generality of any of the foregoing, Potential Buyer, for itself and its affiliates and their

respective agents, employees, consultants, attorneys, and brokers shall keep and maintain in strict confidence all terms and

conditions regarding the Transaction, including all financial, business and proprietary information regarding the Owner, Property

or Third Parties, and shall not disclose the same to any other person or entity except as expressly provided herein.

In the event a definitive purchase agreement for the Property is not executed and/or a transaction is not consummated

for any reason whatsoever, all materials provided to you (and a copies thereof made by you) will be returned to Owner. The

confidentiality obligations set forth herein shall survive for a period of twenty years from the date hereof.

Potential Buyer, for itself and its agents, employees and advisors further agrees that it shall not contact, directly or

indirectly, any governmental agency having jurisdiction with respect to the Property nor any of the Third Parties or other occupant of

the Property, nor any lender of the Property, in any way with respect to this potential Transaction without the prior written consent

of Owner, which consent may be withheld unless and until a definitive contract for the purchase and sale of the Property is

negotiated, executed and delivered, and thereafter such consent may be reasonably conditioned by Owner to effectuate the intent

of these confidentiality provisions.

This Agreement and the terms and provisions hereof may be enforced by Owner notwithstanding that its identity is not

disclosed herein and that it is not a party hereto. In the event of any breach of any of the terms, covenants or conditions

contained herein, the prevailing party shall be entitled to recover its costs and reasonable attorneys fees incurred in enforcing

and protecting its rights hereunder.

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4500 Cherry Creek Drive South, Suite 1060 Denver, Colorado 80246 P: 303-333-9799 F: 303-333-1703 www.depaulreig.com

Page 2

Please sign below on a copy of this letter, acknowledging your receipt and agreement to the terms and conditions

hereof and return to me at your soonest convenience in order that we can deliver to you the various documents and materials

related hereto.

Very truly yours,

Paul T. DeCrescentis Jarod Pate

cc: Roseben LT, LLC

Accepted and agreed to this ____ day of __________, 2016.

PLEASE COMPLETE ALL OF THE INFORMATION BELOW.

FAILURE TO DO SO COULD DELAY DELIVERY OF REQUESTED PACKAGE.

PURCHASER/ADVISOR: CO-OPERATING BROKER:

Company: Company:

Contact: Contact:

Signature: Signature:

Title: Title:

Date: Date:

Address: Address:

Phone: Phone:

Fax: Fax:

Email Address: Email Address:

Please fax and/or email to:

Jarod Pate at 303-333-1703

[email protected]

DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE SELLER AGENCY, BUYER AGENCY OR TRANSACTION-

BROKERAGE.

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4500 Cherry Creek Drive South, Suite 1060 Denver, Colorado 80246 P: 303-333-9799 F: 303-333-1703 www.depaulreig.com

Page 3

BROKER DISCLOSURE

BUYER

DEFINITIONS OF WORKING RELATIONSHIPS

Seller’s Agent: A seller’s agent works solely on behalf of the seller to promote the interests of the seller with the utmost good

faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller’s agent must

disclose to potential buyers all adverse material facts actually known by the seller’s agent about the property. A separate written

listing agreement is required which sets forth the duties and obligations of the broker and the seller.

Buyer’s Agent: A buyer’s agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost good

faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer’s agent must

disclose to potential sellers all adverse material facts actually known by the buyer’s agent, including the buyer’s financial ability

to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy the property. A

separate written buyer agency agreement is required which sets forth the duties and obligations of the broker and the buyer.

Transaction-Broker: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by performing

terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties with any

contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A transaction-

broker must use reasonable skill and care in the performance of any oral or written agreement, and must make the same

disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a property or a

buyer’s financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to

occupy the property. No written agreement is required.

Customer: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because such

party has not engaged or employed the broker, either as the party’s agent or as the party’s transaction-broker.

RELATIONSHIP BETWEEN BROKER AND BUYER

Broker and Buyer referenced below have NOT entered into a buyer agency agreement. The working relationship specified below

is for a specific property described as:

Lone Tree Commons | 7600 Park Meadows Drive, Lone Tree, Colorado 80124

Buyer understands that Buyer shall not be liable for Broker’s acts or omissions that have not been approved, directed, or rat ified

by Buyer.

CHECK ONE BOX ONLY:

Multiple-Person Firm. Broker, referenced below, is designated by Brokerage Firm to serve as Broker. If more than one

individual is so designated, then references in this document to Broker shall include all persons so designated, including

substitute or additional brokers. The brokerage relationship exists only with Broker and does not extend to the employing

broker, Brokerage Firm or to any other brokers employed or engaged by Brokerage Firm who are not so designated.

One-Person Firm. If Broker is a real estate brokerage firm with only one licensed natural person, then any references to

Broker or Brokerage Firm mean both the licensed natural person and brokerage firm who shall serve as Broker.

CHECK ONE BOX ONLY:

Customer. Broker is the seller’s agent and Buyer is a customer. Broker, as seller’s agent, intends to perform the following

lists of tasks: Show a property Prepare and Convey written offers, counteroffers and agreements to amend or extend the

contract. Broker is not the agent of Buyer.

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4500 Cherry Creek Drive South, Suite 1060 Denver, Colorado 80246 P: 303-333-9799 F: 303-333-1703 www.depaulreig.com

Page 4

Customer for Broker’s Listings – Transaction-Brokerage for Other Properties: When Broker is the seller’s agent, Buyer is a

customer. When Broker is not the seller’s agent, Broker is the transaction-broker assisting in the transaction. Broker is not the

agent of Buyer.

Transaction-Brokerage Only: Broker is a transaction-broker assisting in the transaction. Broker is not the agent of Buyer.

Buyer consents to Broker’s disclosure of Buyer’s confidential information to the supervising broker or designee for the purpose

of proper supervision, provided such supervising broker or designee shall not further disclose such information without consent

of Buyer, or use such information to the detriment of Buyer.

DISCLOSURE OF SETTLEMENT SERVICE COSTS. Buyer acknowledges that costs, quality, and extent of service vary between

different settlement service providers (e.g. attorneys, lenders, inspectors and title companies).

BUYER/TENANT ACKNOWLEDGMENT:

Buyer/Tenant acknowledges receipt of this document on ___________________________.

____________________________________ ____________________________________

Buyer/Tenant Buyer/Tenant

BROKER ACKNOWLEDGMENT:

On ___________________________, Broker provided ______________________________ (Buyer/Tenant) with a copy of this

document to via ______________________________________ and retained a copy for Broker’s records.

Brokerage Firm’s Name: ___________________________________________________________________

____________________________________ ____________________________________

Broker Paul DeCrescentis Broker Jarod Pate