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Denver Grocer to Take Former Lowe’s Site
An affiliate of grocery giant Kroger has purchased a site at 1171 Dillon St. in Louisville and plans to install a King Soopers grocery store. The former Lowe’s Home Improvement store property in a city northwest of Denver was acquired for $22.6 million.
The Denver Business Journal reports DRA Advisors, the seller, purchased the site for over $13 million in 2024.
King Soopers is planning one of its signature Marketplace stores. The company said the 122,000-square-foot grocery store would include pickup and delivery services, a drive-thru pharmacy and a fuel center.
The property sits on the northwest corner of the Highway 36 and McCaslin Boulevard intersection.
Another King Soopers store is expected to open soon in the Denver-metro area. Lone Tree Village, in the mixed-use planned community of RidgeGate, will be anchored by a 123,000-square-foot King Soopers with a fuel center.
- ◦Sale/Acquisition
