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Arbor Plaza LLC Sells Summer Valley Shopping Center In Aurora For $20.4M

Property Image
SOLD
$20,400,000

Colorado

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Retail95,669 SF
Sold 10/02/2023
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Property Image
SOLD

Arbor Plaza LLC Sells Summer Valley Shopping Center In Aurora For $20.4M

16901 East Quincy Avenue

See Similar Deals
Retail95,669 SF
Sold 10/02/2023
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Summary

COLORADO
Asset Type:Retail
Price Per Square Foot:$213
Total Square Footage:95,669 SF
Transaction Type:Sale

Arbor Plaza LLC has sold Summer Valley Shopping Center, a retail property in Aurora, Colorado, for approximately $20.4 million. The property spans 95,669 square feet and is located at 16901 East Quincy Avenue in Aurora's retail market.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $20,400,000
  • Square Footage: 95,669 SF
  • Price per Square Foot: $213
  • Address: 16901 East Quincy Avenue, Aurora, CO

The sale was facilitated by Cushman & Wakefield brokers Aaron Johnson, Jon Hendrickson, and Mitch Veremeychik, who represented Arbor Plaza LLC in the transaction. The buyer, however, remains undisclosed.

Players

Aaron Johnson
11 deals$199M volume
BROKER

Jon Hendrickson
Cushman & Wakefield
11 deals$199M volume
BROKER

Mitch Veremeychik
Cushman & Wakefield
5 deals$58.8M volume
BROKER

Details

SOLD
IMAGE: Aaron Johnson, Jon Hendrickson & Mitch Veremeychik DATE: 10/02/2023 ADDRESS: 16901 East Quincy Avenue MARKET: Aurora, CO ASSET TYPE: Retail SELLER: Arbor Plaza LLC BROKERS: Aaron Johnson, Jon Hendrickson & Mitch Veremeychik - Cushman & Wakefield SALE PRICE: $20,400,000 SF: 95,669 ~ PPSF: $213 NOTE: Cushman & Wakefield has facilitated the sale of Summer Valley Shopping Center, a 95,669-square-foot retail property in Aurora, Colorado, for approximately $20.4 million to an undisclosed buyer.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

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