PARKER GATEWAY - images1.loopnet.com · over 56,000 people, Parker is an ideal community for individuals looking for small town living within the Denver Metro Region. The Town was

9700 S PARKER ROADPARKER, CO 80138

OFFER ING MEMORANDUM

P A R K E R G A T E W A Y

THE ISAAC/BOWLBY GROUP

CONFIDENTIALITY & DISCLAIMERThe information contained in the following Marketing Brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Marcus & Millichap and should not be made available to any other person or entity without the written consent of Marcus & Millichap. This Marketing Brochure has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation. Marcus & Millichap has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition or business prospects of any tenant, or any tenant’s plans or intentions to continue its occupancy of the subject property. The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable; however, Marcus & Millichap has not verified, and will not verify, any of the information contained herein, nor has Marcus & Millichap conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential buyers must take appropriate measures to verify all of the information set forth herein. Marcus & Millichap is a service mark of Marcus & Millichap Real Estate Investment Services, Inc. © 2019 Marcus & Millichap. All rights reserved.

NON-ENDORSEMENT NOTICEMarcus & Millichap is not affiliated with, sponsored by, or endorsed by any commercial tenant or lessee identified in this marketing package. The presence of any corporation’s logo or name is not intended to indicate or imply affiliation with, or sponsorship or endorsement by, said corporation of Marcus & Millichap, its affiliates or subsidiaries, or any agent, product, service, or commercial listing of Marcus & Millichap, and is solely included for the purpose of providing tenant lessee information about this listing to prospective customers.

NON-ENDORSEMENT & DISCLAIMER NOTICE

C O N T A C T S

DREW ISAACSenior Vice President Investments

[email protected]

RYAN BOWLBYSenior Associate

[email protected]

KAITLIN O’MALLEYDirector of Operations

[email protected]

KENDALL KLINEMarketing Coordinator

[email protected]

NIKKI BRITAMarketing Coordinator

[email protected]

T H E I S A A C / B O W L B Y G R O U P

LINCOLN AVE (29,628 VPD)

WALGREENS

MERIDIAN VILLAGE(PLANNED)

1,500 SINGLE FAMILY HOMES, 1,949 MULTI-FAMILY UNITS

S PARKER ROAD (61,390 VPD)

LINCOLN AVE (29,628 VPD)

PARKER MARKETPLACE

TABLE OF CONTENTS

1INVESTMENT OVERVIEW

7PROPERTY & LOCATION

OVERVIEW

15FINANCIAL ANALYSIS

21RECENT SALES SURVEY

25DEMOGRAPHICS

RAPIDLY GROWING

SUBMARKET

16.3%PROJECTED HOUSEHOLD

GROWTH(3-MILE RADIUS)

15,000+RESIDENTIAL UNITS

(PLANNED/UNDER DEVELOPMENT)

INVESTMENT OVERVIEW

1

P A R K E RG A T E W A Y

INVESTMENT HIGHLIGHTS

One of the busiest Starbucks locations in the state, this location is perfectly positioned for commuters on the “going-to-work” side of Parker Road. In order to handle the high volume of traffic at this location, Starbucks expanded their space by an additional 878 square feet and extended their lease, demonstrating their commitment to this location.

PRIME LOCATION ON ONE OF THE MOST HEAVILY TRAFFICKED THOROUGHFARES IN THE STATE Parker Road (Hwy 83) is a heavily traveled north/south thoroughfare utilized by com-muters as it connects Parker (and the Southeast Denver Metro Area) to Denver/Cherry Creek. The property is perfectly located in between E-470 and Lincoln Avenue, allowing quick and easy access to neighborhoods to the east & west as well as I-25. Lincoln Av-enue, as it approaches Parker Road, is currently running at capacity and is planned to be expanded to 6 lanes by 2035.

STARBUCKS ANCHORED CENTER WITH DRIVE-THRU

AFFLUENT, RAPIDLY GROWING COMMUNITYAverage household income within 5-miles is $140,326, and total households within 5-miles is projected to grow by 22% over the next five years. There are over 15,000 res-idential units in Parker currently planned or under development. Lincoln Creek Village, a master planned community currently under construction, is located just southeast of the property. It will deliver up to 724 homes when completed. Westcreek, a 20-acre mixed use project featuring 201-unit class A apartment community and a 108 room SpringHill by Marriott, will be delivered in early 2020. Compark Business Center will deliv-er 500,000 square feet of new flex industrial space in 2020.

SUBSTANTIAL CONSUMER SPENDING POWERThe surrounding neighborhood businesses and visitors create significant demand for retail services. There is over $500 million in annual retail spending within a 3-mile radius.

P A R K E R G A T E W A Y2


EXCELLENT VISIBILITY AND SIGNAGE ALONG PARKER ROADThe property is situated directly along Parker Road at a slightly elevated grade ensuring excellent visibility for traffic traveling in either direction on Parker Road, as well as eastbound traffic along Lincoln Avenue. In addition, the prop-erty has great signage in the form of two pylon signs and tenant signage on both sides of the building.

ESTABLISHED RETAIL DESTINATION Other retailers within a 1-mile radius include: Sprouts, Murdochs, Hobby Lobby, Lowes, Lifetime Fitness, Costco, Walmart, Safeway, Appliance Factory, Dunkin Donuts, Sky Zone, and Tokyo Joes.

73% of the base rent is produced by corporate leases to Starbucks and Car Toys. Both of these tenants have five or more years remaining on their leases, with Car Toys extending their lease earlier this year. Tenants have on average been at this location for over 8 years.

UPSIDE CAN BE ACHIEVED BY LEASING THE LAST REMAINING VACANCYThe property is currently 93% leased, the Buyer will be able to achieve a 6.6% Cap Rate upon stabilization.

STABLE INCOME STREAM WITH LONG-TERM SECURITY

HIGH TRAFFIC LOCATION: 91,018 CARS PER DAYParker Road and Lincoln Avenue is one of the busiest intersections in the southern metropolitan area

HIGHLY EDUCATED WORKFORCEParker has a total labor force of 30,753, and 54% of residents have a bachelors degree or higher. This has made Parker a very attractive option for employers looking to expand/relocate their facilities. Charter Communications, one of the largest telecommunication companies in the nation, recently chose Parker for its 85,000 square foot, state-of-the-art research and development hub. Parker’s highly skilled residents also take advantage of a quick 10-mile commute to the Denver Tech Center and the endless number of top employers who have offices there.

I N V E S T M E N T O V E R V I E W 3

P A R K E R G A T E W A Y4

OFFERING TERMS

Price $6,425,000

Capitalization Rate (Current) 6.0%

Capitalization Rate (Stabilized) 6.6%

Terms Cash, Cash to New Loan

FINANCIAL TERMS CURRENT STABILIZED

Total Income $625,972 $662,293

Total Expenses ($237,933) ($237,933)

Net Operating Income $387,978 $424,300

Annual Debt Service ($257,661) ($257,661)

Cash Flow $130,317 $166,639

Cash/Cash Return 6.8% 8.6%

NEW FINANCING TERMS

Loan-to-Value 70%

Interest Rate 4.0%

Amortization 30 Years

OFFERING SUMMARY

I N V E S T M E N T O V E R V I E W 5

91,018CARS PER DAY

PARKER ROAD & LINCOLN AVENUE

STARBUCKS CREDIT BBB+

$24.4B IN REVENUE28,218 LOCATIONS

7

PROPERTY &LOCATION OVERVIEW


PARKER GATEWAY

Property Address 9700 S Parker Road, Parker, CO 80138

Total Square Footage 14,027

Total Occupancy 93%

Year Built 2009

Structure Steel Framed with brick, stone, and metal siding

Façade Painted concrete tilt-up panels and stucco

Roof(s) TPO Membrane, Under warranty until 2023

Roof Age/Warranties Original (2009)

HVAC 8 Total, 5-12.5 Ton Rooftop Units

Total Parking Spaces 88

Parking Ratio (Space Per 1,000 SF) 6.34

PROPERTY DETAILS

22.4%Projected Population Growth

2018-2023 1-Mile Radius

$130,071Average Household Income

3-Mile Radius

8 P A R K E R G A T E W A Y

P R O P E R T Y & L O C A T I O N O V E R V I E W 9

S U B M A R K E T A E R I A L

WALGREENS

SIERRAMIDDLE SCHOOL

PINE LANEINTERMEDIATE

SCHOOL

PINE LANEELEMENTARY

SCHOOL


BURGER KING

PARKERPOLICE

PLANNED 6-LANE EXPANSION ON LINCOLN AVE

LINCOLN AVENUE (29,628 VPD)

S PARKER ROAD (61,390 VPD)

LINCOLN CREEK VILLAGEMASTER PLANNED COMMUNITY

724 HOUSING UNITSWHEN COMPLETED

SITE PLAN

Starbucks

GarmentGal

RoostersHair Salon

Vacant

VixenNails Car Toys

StarbucksExpansion


PARKERCOLORADO

Parker, Colorado is located in Douglas County nearly 20 miles southeast of Denver. With a population of over 56,000 people, Parker is an ideal community for individuals looking for small town living within the Denver Metro Region. The Town was incorporated in 1981 with one square mile of land and a population of 285. Throughout the 1980’s, residents saw their community transform from rural crossroads to a town of more than 6,000 residents by 1990. The population has grown from its 23,000 people in 2000, and is only expected to continue its growth.

The town of Parker benefits from its easy access to many Colorado cities including Denver, Colorado Springs, and the Front Range. DIA, Denver International Airport, is located only 30 minutes away and Centennial Airport, a general aviation airport, is located just 10 minutes away. According to a 2016 survey conducted by WalletHub, Parker is one of the Best Small Cities in America, based on key indicators of livability including housing costs, school system quality, and cultural and economic opportunities.

The town of Parker is currently under-going many master plans, including the Bike Lane Master Plan, Mainstreet Master, Plan, Transportation Master Plan, and more. One of the bigger master plans is the Parker Parks, Recreation and Open Space Master Plan that will be going on from 2018-2022. This master plan is in action by The Town of Parker Parks, Recreation and Open Space Department which has been named a finalist for the National Recreation and Park Association’s (NRPA) Gold Medal Award as a top agency for its population five times over the past 20 years, earning the highest honor in both 2000 and 2011. The Department operates Parker’s 15 parks, nine trails, and many of the recreational facilities in the town. This master plan will connect people and places, enhance organizational capacity, and improve the already mastered programming for the community.

HIGHLIGHTS• Rapidly Growing Community

• Population: 56,000+

• 19th Largest City in Colorado

• 22.2 Square Miles

• In Close Relation to the Denver Tech Center, DIA, Centennial Airport, Downtown

Denver, and Park Meadows Mall


DENVERMETRO

The Denver metropolitan area has put a strong emphasis on the expansion and revitalization of itself as a major metropolitan area. Redevelopment of landmark buildings and historic districts, along with modern light rail transportation within the city and surrounding areas, has attracted major business, retail anchors, and higher-end residential developers as the region becomes more well-connected. As Denver’s population growth and consumer spending outpace national levels, investors and retailers target Denver and its attractive business climate for future opportunities. Robust employment growth, particularly among degreed positions in the healthcare and IT industries, lured many new inhabitants to the Mile High City. The influx of residents obtaining high-wage jobs helped push the median household income over $75,000, encouraging a 4.8% boost in retail sales. This jump follows a 2.8% increase in 2016.

Along with the metro’s strong employment base, household formation hovering above national levels supports the area’s healthy demographic trends. Last year, Denver welcomed more than 22,000 new households, a 37% increase compared to the previous five-year average. Household growth should expand by a similar clip in 2019 as the metro’s eastern sections continue to grow at an accelerated pace. Growth in these parts may soon benefit from the planned construction of an aerotropolis just south of Denver International Airport.

HIGHLIGHTS• Denver’s Residental Population is One of the Fastest Growing in the United States

• One of the Lowest Unemployment Rates in the Country at 2.3% (UnitedStates Un-

employment of 4.1%)

• Forbes Ranked Denver #4 Best Places for Businesses and Careers in 2017

• Business Insider Ranked Denver #3 Best Places to Live in 2018

• Denver Has a Median Household Income of $71,000 Per Year, Which is Roughly

$5,000 Greater than the National Median Income


93% OCCUPANCY

9.4%UPSIDE IN NOI UPON

STABILIZATION

15

FINANCIALANALYSIS


TENANT LEASE SCHEDULESUITE NO. TENANT NAME AREA

SFLEASE TERM

RENT ANNUAL

RENT MONTHLY

RENT SF

RENT ESCALATIONS

CAMANNUAL

CAMSF NNN NOTES

100 Starbucks (1) 2,628 12/25/2008 03/31/2025 $111,164 $9,264 $42.30 04/01/2020 - $42.30 $42,713 $16.25

10% Admin On CAM

No Mgmt

200 Garment Gal (2) 922 05/20/2015 06/30/2020 $29,052 $2,421 $31.51 $15,702 $17.03 Full

Pro Rata

300 Roosters 1,400 08/24/2011 08/31/2021 $37,884 $3,157 $27.06 09/01/2020 - $27.87 $23,792 $16.99 Full

Pro Rata

400 Vacant 1,000 $30,000 $2,500 $30.00 $16,961 $16.96 Full Pro Rata

500 Vixen Nails 1,400 08/01/2009 07/31/2023 $44,800 $3,733 $32.00 08/01/2020 - $32.96 $22,798 $16.28

10% Admin On CAM

No Mgmt

600 Car Toys 6,677 05/01/2009 09/30/2024 $186,956 $15,580 $28.00 $108,731 $16.28

10% Admin On CAM

No Mgmt

Leased 13,027 92.87% $409,857 $34,155 $31.46 $213,737 $16.41

Vacant 1,000 7.13% $30,000 $2,500 $30.00 $16,961 $16.96

Total 14,027 100.00% $439,857 $36,655 $31.36 $230,698 $16.45

(1) Starbucks rent above combines expansion space and the original premises. Starbucks combined rent increases 04/01/2020 to $42.30/SF, if closing occurs prior to 04/01/2020 Seller to credit Buyer the difference in rent.

(2) Garment Gal is likely vacating at the end of their lease, Seller will guarantee their rent for one year.


INCOME & EXPENSE

(1) Pro Forma projects the vacancy is leased and applies a 5% vacancy factor excluding Starbucks & Car Toys

(2) Escalations During Analysis Period: January 1, 2020 - December 31, 2020; Roosters’ rent increases 09/01/2020 to $27.87/SF = $378

(3) Miscellaneous income is associated with rebates from the utility company. 2017 & 2018 averaged $3,360 per year.

FOOTNOTES

CURRENT ANNUALIZED

Pro Forma (1)

Scheduled Leased Income $439,857 $440,308

Escalations (2) $378 $378

Vacancy (6.8%, 5% excl. Starbucks & Car Toys) ($30,000) ($7,128)

NET LEASED INCOME $410,235 $433,558

NNN Reimbursements $230,698 $230,698

NNN Vacancy ($16,961) ($3,963)

TOTAL REIMBURSEMENTS $213,737 $226,735

Miscellaneous Income (3) $2,000 $2,000

TOTAL INCOME $625,972 $662,293

EXPENSES

Life Safety $1,620 $1,620

Miscellaneous - General Building Expense $480 $480

Trash $8,244 $8,244

Grounds Maintenance $7,800 $7,800

Access HOA $3,600 $3,600

Landscape Contract $3,800 $3,800

Landscape Other $4,350 $4,350

Parking/Sidewalk Repairs $3,550 $3,550

Snow Removal $11,050 $11,050

Total Repairs & Maintenance $6,440 $6,440

Gas & Electric $3,210 $3,210

Storm Water $1,200 $1,200

Water & Sewer $7,560 $7,560

Property Insurance $3,600 $3,600

Management Fee (4% Net Leased Income) $16,409 $16,409

Total Administrative $1,080 $1,080

Property Tax $154,000 $154,000

TOTAL EXPENSES $237,993 $237,993

Expenses Per SF $16.97 $16.97

NET OPERATING INCOME $387,978 $424,300

F I N A N C I A L A N A L Y S I S 17

Starbucks is an American coffee company and coffehouse chain and generated approximately 24.72 billion U.S. Dollars in 2018. Starbucks was founded in Seattle, Washington in 1971 and as of early 2019, the company operates over 30,000 locations worldwide.

Use Tenant may use the Premises as a coffee shop, including the retail sale of whole and ground

coffee beans, coffee by the cup, espresso/coffee/tea based drinks, teas and spices, baked goods

and desserts, etc.

Exclusive Use Landlord shall not use or allow any other person or entity to use any portion of the Property for the

sale of a freshly ground or whole coffe beans, espresso, teas, hand brewed coffees, etc.

HVAC Tenant shall keep the premises in good order and repair, including maintenance all plumbing, and

HVAC of the premises.

Co-Tenancy None

Signature/Guarantor Corporate

Car Toys was founded in Seattle and is currently running 50 stores throughout Washington, Oregon, Colorado, and Texas. Car Toys focuses on retailing mobile electronics, but mainly sells automobile audio equipment.

Use Retail sales, including the sale of mobile electronics, navigation, care care services,

wireless broadband home and personal communication devices, alarm systems, pages,

and comparable electronic products and the onsite intallation of these products.

Exclusive Use Tenant shall have the right to use the Premises for any lawful retail use, however shall not be used as bar, nightclub, massage, funeral home, etc.

HVAC Tenant shall service and maintain HVAC units, but is not required to replace units at their own

expense.

Signature/Guarantor Corporate


Roosters is owned by Regis Corporation who is one of the larg-est franchised haircare companies in this industry. Roosters was founded in 1999 and now has 85 locations in the United States and Canada.

Use Tenant may use and occupy the Premises primarily for a men’s and boy’s

hair salon including typical sale of hair care and related products

Exclusive Use Notwithstanding anything herein to the contrary, under no circumstances may

Tenant utilize any portion of the premisis for any purpose that is in violation of Starbucks, Edible Arrangements, Car

Toys, or Vixen Nails

HVAC Landlord shall repair and maintain HVAC systems

Locations 8+ Roosters in the Denver Metro area, and this is the Franchisee’s only location

Signature/Guarantor FranchiseePersonal Guaranty

Use Tenant may use and occupy the Premises solely for a women’s clothing store

Exclusive Use Notwithstanding anything herein to the contrary, under no circumstances may Tenant utilize any portion of the premi-

sis for any purpose that is in violation of Starbucks, Edible Arrangements, Car Toys,

or Vixen Nails

HVAC Tenant shall keep the premises in good order and repair, including maintaining all

plumbing, HVAC, electrical and lighting

Signature/Guarantor Personal Guaranty

Garment Gal is a boutique in Parker, Colorado and also located in Cherry Creek. Garment Gal was founded by Robbie Emge back in 2010 and has these two locations but is expanding as they are becoming more popular in the Denver, Colorado Area.

Use Tenant may use and occupy the Premises solely for a nail and skin care salon

Exclusive Use None

HVAC Tenant shall repair and maintain as necessary all parts of the Premises not

landlords responsibility including all HVAC equipment.

Signature/Guarantor Personal Guaranty

Vixen Nails is a nail spa and salon with many local customers and has been operating since 2010 in Parker, Colorado.

T E N A N T O V E R V I E W S 19

5.8%AVERAGE CAP

RATE

$469PER SQUARE FOOT

SUMMARY OF RECENT SALESS T A R B U C K S S T R I P C E N T E R S

21

RECENT SALES SURVEY


Sales Price $3,925,000

Price/SF $696

Cap Rate 5.75%

Total GLA 5,639 SF

Occupancy 100%

Year Built 2003

Closing Date August 2019

Major Tenants Starbucks, AT&T, Cuba Cuba

PROMENADE AT CASTLE ROCK (STARBUCKS)6375 Promenade ParkwayCastle Rock, CO

RECENT SALES SURVEY


Price/SF $336

Cap Rate 6.02%

Total GLA 24,132 SF

Occupancy 86%

Year Built 2003

Closing Date March 2019

Major Tenants

Starbucks, Noodles & Company, Cold Stone Creamery, Postnet, Caprese

Trattoria, Recycled Records, Salon, Inta Juice

S H O P S A T S T . V R A I N C E N T R E1067-1084 South Hover StreetLongmont, CO


Price/SF $610

Cap Rate 5.56%

Total GLA 5,332 SF

Occupancy 100%

Year Built 2018

Closing Date November 2018

Major Tenants Starbucks, River’s End Dental, Jimmy Johns

S T A R B U C K S , R I V E R ’ S E N D D E N T A L , J I M M Y J O H N S532 Raptor Road, Fruita, CO



Price/SF $559

Cap Rate 5.6%

Total GLA 6,497 SF

Occupancy 100%

Year Built 2007

Closing Date July 2018

Major Tenants Starbucks, Cherrywood Liquor, Martinizing Dry Cleaning

C H E R R Y W O O D P A R K13671 Colorado BoulevardThornton, CO

RECENT SALES SURVEY


Price/SF $461

Cap Rate 5.62%

Total GLA 6,502 SF

Occupancy 100%

Year Built 2001

Closing Date July 2017

Major Tenants Starbucks, Panda Express, Super Quality Cleaners, Sports Clips

W O O D M E N P L A Z A I V3560 East Woodmen RoadColorado Springs, CO


Price/SF $525

Cap Rate 6.08%

Total GLA 11,622 SF

Occupancy 100%

Year Built/Renovated 2008/2016

Closing Date February 2017

Major Tenants Starbucks, KTs BBQ, Dominos, Metro PCS, Qdoba, Nails

P A R K H I L L V I L L A G E4000-4030 Colorado BoulevardDenver, CO

R E C E N T S A L E S S U R V E Y 23

132,074BACHELORS DEGREE OR

HIGHER(5-MILE RADIUS)

POPULATION(5-MILE RADIUS)

51.7%

25

DEMOGRAPHICS


61,734Total Population Within

3-Mile Radius

$120,838Average Household Income

1-Mile Radius

$89,108Median Household Income

1-Mile Radius

DEMOGRAPHICS


22.4%5-Year Population Growth

1-Mile Radius


% WHITE POPULATION 84.90% 88.19% 84.15%

% BLACK POPULATION 2.43% 1.71% 3.31%

% ASIAN 6.66% 4.28% 6.51%

% AMERICAN INDIAN, ESKIMO, ALEUT 0.42% 0.44% 0.37%

% HAWAIIAN OR PACIFIC ISLANDER 0.20% 0.09% 0.12%

% MULTI-RACE 3.07% 3.22% 3.52%

% HISPANIC 10.11% 9.75% 9.13%

% OTHER POPULATION 2.33% 2.06% 2.00%

% MALE POPULATION 49.63% 49.21% 49.60%

% FEMALE POPULATION 50.37% 50.79% 50.40%

P O P U L A T I O N B Y R A C E 1 M I LE 3 M I LES 5 M I LES

$200,000 OR MORE 13.19% 11.89% 14.05%

$150,000 - $199,999 10.56% 14.88% 14.93%

$100,000 - $149,999 21.68% 25.48% 25.23%

$75,000 - $99,999 11.24% 14.89% 14.28%

$50,000 - $74,999 16.41% 13.78% 13.59%

$35,000 - $49,999 11.73% 7.41% 7.17%

$25,000 - $34,999 5.94% 4.39% 4.26%

$15,000 - $24,999 5.98% 3.78% 3.31%

$10,000 - $14,999 1.25% 1.28% 1.28%

UNDER $9,999 2.02% 2.23% 1.89%

H O U S E H O L D S B Y I N C O M E 1 M I LE 3 M I LES 5 M I LES

H O U S E H O L D S 1 M I LE 3 M I LES 5 M I LES

2023 PROJECTION 2,619 26,069 58,869

2018 ESTIMATE 2,060 22,409 48,241

GROWTH 2018 - 2023 27.15% 16.34% 22.03%

2000 CENSUS 507 9,704 15,633

2010 CENSUS 1,655 17,859 38,215

P O P U L A T I O N

2023 PROJECTION 5,461 69,848 156,726

2018 ESTIMATE 4,463 61,734 132,074

GROWTH 2018 - 2023 22.36% 13.14% 18.67%

2000 CENSUS 1,480 29,626 48,181

2010 CENSUS 3,651 49,231 105,928

1 M I LE 3 M I LES 5 M I LES

DEMOGRAPHICS

I N C O M E

2018A Est. Average Household Income $120,838 $130,071 $140,326

2018A Est. Median Household Income $89,108 $103,784 $107,547

2018A Est. Per Capita Income $55,771 $47,226 $51,393

1 M I LE 3 M I LES 5 M I LESH O U S I N G O C C U P A N C Y

2018A Owner Occupied Housing Units 862 17,329 36,007

2018A Renter Occupied Housing Units 1,198 5,080 12,234

2018A Vacant 92 641 1,456

1 M I LE 3 M I LES 5 M I LES

27D E M O G R A P H I C S

9700 S PARKER ROADPARKER, CO 80138

PARKER GATEWAY

THE ISAAC/BOWLBY GROUP

Documents

PARKER GATEWAY - images1.loopnet.com · over 56,000 people, Parker is an ideal community for individuals looking for small town living within the Denver Metro Region. The Town was