Arbor Plaza LLC Sells Summer Valley Shopping Center In Aurora For $20.4M
16901 East Quincy Avenue
$20,400,000
$213/SF
Building Size
95,669 SF
Asset Type
Retail
Closing
Oct 2, 2023
AI
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
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
0.78%
Cash-on-Cash
-0.22%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93