facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

Colorado

/

Retail

/

Sale

/

13670 East Alameda Avenue

Pinnacle Real Estate Advisors Sells Plaza West At Aurora Town Center For $8M
SOLDRetail

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.

Players

Justin Krieger

Pinnacle Real Estate Advisors

Broker

$30M

vol

3 deals

Broker

Aurora Retail Market Snapshot

Boundary boundary · Retail · Sale transactions

Loading comparables…

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