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9/01/26
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A 4.8-acre site zoned for commercial use in Greenwood Village, CO was purchased for $11.07 mil by a future owner/user. The property, located at 8500 East Orchard Rd, was formerly the site of a Shepler’s Western Wear store.
The 86.6k sf retail building was built in 1977 for Shepler’s, which was acquired in 2015 by Boot Barn, now the sole tenant leasing just 20.7k sf of the building. The building features unobscured western views of the Rocky Mountains, exposed timber beams and a 30’ vaulted ceiling.
Jon Hendrickson and Aaron Johnson with Cushman & Wakefield represented the seller, Sidford Capital, in the deal.
“Anyone who has driven on Interstate 25 knows this property. The original business existed when Orchard Road was on the southern perimeter of metro Denver but now finds itself surrounded by the Denver Tech Center and a thriving suburban community,” said Hendrickson, executive director at Cushman & Wakefield. “Developers would have loved to create density on the site, but we are pleased that the interior of the building will be preserved and valued by the purchaser.”
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