The Kroger Co. Acquires Former Lowe's Site In Louisville For $22.6 Million
1171 West Dillon Road
$22,600,000
Building Size
—
Asset Type
Retail
Closing
Apr 10, 2026
About this deal
AI
A Kroger affiliate acquired the former Lowe’s site located at 1171 West Dillon Road in Louisville, Colorado. The site, intended for redevelopment, will be transformed into a 122,000-square-foot King Soopers Marketplace store. The sale was finalized for a total of $22,600,000.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $22,600,000
- Address: 1171 West Dillon Road
- Market: Louisville, CO
The deal involved The Kroger Co. as the buyer, highlighting its ongoing efforts to enhance its retail presence in the region through strategic acquisitions and redevelopment initiatives.
On the Map
$22,600,000
Retail
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Players
Louisville Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Deal FAQ
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.70%
Cash-on-Cash
-0.20%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93