One wants a drive-thru. The other went bankrupt.
Starbucks and Car Toys closed their doors at the shopping center at Sixth Avenue and Broadway on Wednesday.
“Starbucks is closing all non drive-thrus, it wasn’t anything specific about the space they didn’t like,” said JLL broker Jeff Feldman.
30-year-old Broadway brunch spot to close this weekend
Feldman and colleague Sam Zaitz are marketing Starbuck’s 1,700 square feet at 575 Lincoln St. for lease. He noted the location’s visibility, proximity to other neighborhoods and heavy traffic around the area.
What will happen to Car Toys, however, is more of an open question.
The Washington-based car electronics and audio retailer entered Chapter 11 bankruptcy earlier this week and announced it intends to sell 35 of its 47 stores in Colorado, Texas, Washington and Oregon to a collection of employees and competitors.
In Colorado, seven of Car Toy’s 10 stores between Colorado Springs and Fort Collins have found buyers, bankruptcy filings show.
Noticeably absent, however, are the company’s stores in Boulder, Parker and along Broadway in Denver, which have closed. In bankruptcy filings, the company said it plans to “reject” the leases of money-losing stores for which it couldn’t find a buyer.
Car Toys had operated in the Broadway Central retail center since at least 1999, according to past media coverage.
Northpond Partners, Broadway Central’s owner, declined to comment. The Chicago real estate investor purchased the property last year for $12.2 million. It later added a corner retail property in RiNo for $17 million.
Broadway Central does have one new tenant on the way. Cava is taking over the former Pizzeria Locale space.
This story comes from our partner, BusinessDen. Click here to read more.
Related Posts:
- Denver doughnut shop — a symbol of pandemic resilience — is closing News To say that Pandemic Donuts single-handedly carried a significant portion of Denver through the COVID-19 pandemic would be an exaggeration. But not by much. Earlier this week, the owners, Gabrielle Henning and Michael Milton, announced that their doughnut days are over. Pandemic Donuts, which had been operating out of the…
- Aubrey Plaza Breaks Silence Following Death of Husband Jeff Baena: ‘Giant Ocean of … Entertainment Reading Time: 3 minutes Back in January, Aubrey Plaza’s husband, Jeff Baena, took his own life. It was later revealed that Plaza and Baena had been separated for several months at the time of his passing. Obviously, that’s an enormously difficult situation for anyone to endure, and constant scrutiny from…
- Tour Championship Picks: 3 (Non-Scheffler) Picks for PGA Tour Finale Sports The 2025 PGA Tour season has just about reached its end, but a champion must first be crowned, and that will happen at East Lake Golf Club with the Tour Championship. The top 30 players in the FedEx Cup standings will invade Atlanta where the longtime host club awaits. Scottie…
- HOA Homefront: Can a non-owner director become proxy for other owners? News Q: When a proxy is given to a non-owner — who becomes a board member — does he become proxy for the other owners? — L.H., San Diego A: Per Civil Code Section 5105(b), board members must be association members. Per Civil Code Section 4160, “members” are owners of “separate…
- What Kylie Jenner and Timothée Chalamet’s ‘Mischievous’ Coffee Shop Photo Says About Their Relationship Entertainment <p id="par-1_23">Following weeks of breakup rumors, <a href="https://www.cheatsheet.com/tag/kylie-jenner/?swcfpc=1">Kylie Jenner</a> and <a href="https://www.cheatsheet.com/tag/timothee-chalamet/?swcfpc=1">Timothée Chalamet</a> shut down all that chatter with a photo together at a coffee shop in Budapest, Hungary.</p> <p id="par-2_51">The two posed for a photo at the café on Aug. 19 with two baristas. The snap was then shared on social media.…
(Visited 1 times, 1 visits today)