2 Locations

Kings Valley Marketplace is a strategically located, multi-tenant retail center serving the Conifer and greater Highway 285 corridor—one of the most supply-constrained mountain retail markets in the Denver Metro region. Situated on ±6.1 acres and comprising approximately ±58,500 square feet, the property benefits from strong daily traffic, dominant market positioning, and limited competing retail inventory.

The center is anchored by Maverick, a national gas station operator under a long-term ground lease, as well as ConexSmart, a defense-industry manufacturing tenant with long-term lease duration and expansion history. Additionally, the U.S. Forest Service provides a government credit tenant with long-term occupancy, further stabilizing income.

Under new professional management implemented in 2026, ownership identified multiple opportunities to materially increase net operating income through rent corrections, expense reimbursements, and lease restructuring. Several tenants were previously underpaying contract rent or operating under landlord-absorbed expenses that are now being corrected. Expired and expiring leases are being converted to NNN structures, significantly improving expense recovery and long-term cash flow durability.

The property also benefits from flexible suite configurations and relocation rights, allowing management to consolidate smaller suites into larger, contiguous tenant spaces. This strategy has the potential to deliver up to 20,000 square feet of contiguous space, positioning the center to attract higher-quality regional or national tenants at materially higher rental rates.

Mountain retail assets with daily-needs tenancy, strong traffic exposure, and limited future development opportunities remain exceptionally rare. Kings Valley Marketplace represents a compelling value-add investment with immediate cash flow, credit tenancy, and a clearly defined path to significant NOI growth.