Pinnacle Real Estate Advisors Sells Plaza West At Aurora Town Center For $8M
13670 East Alameda Avenue
$8,000,000
$84/SF
Building Size
94,949 SF
Asset Type
Retail
Closing
Mar 11, 2024
AI
The Plaza West at Aurora Town Center, a 94,949-square-foot retail center in Aurora, Colorado, was recently sold for $8 million. The property, situated on 7.8 acres at 13670 East Alameda Avenue, was sold by Colorado- and California-based sellers to a Colorado-based investment group.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,000,000
- Market: Aurora, CO
- Address: 13670 East Alameda Avenue
- Asset Type: Retail
- Acres: 7.8
Justin Krieger from Pinnacle Real Estate Advisors represented the parties involved in the transaction as the broker. The sale of Plaza West at Aurora Town Center was facilitated by Pinnacle Real Estate Advisors, marking a successful deal between the buyers and sellers from different states.
Aurora Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.98%
Cash-on-Cash
-0.57%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93