CentrePoint Properties Acquires Three-Property Retail Portfolio In Metro Denver For $30.3M
17928 Cottonwood Drive, 830 South Buckley Road & 5500 South Simms Street
$30,300,000
$91/SF
Building Size
330,000 SF
Asset Type
Retail
Closing
Jul 17, 2026
AI
The transaction involved a retail portfolio consisting of three properties located at 17928 Cottonwood Drive in Parker, 830-894 South Buckley Road in Aurora, and 5500 South Simms Street in Littleton, CO. The total sale price for this portfolio was $30.3 million, encompassing an overall area of 110,000 square feet, resulting in a price per square foot of $275.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $30,300,000
- Sale Date: 07/17/2026
- Buyer: CentrePoint Properties
- Seller: Western Centers Inc.
- Brokers: Jon Hendrickson, Aaron Johnson & Craig Branton - Cushman & Wakefield
- Market: Parker, Aurora & Littleton, CO
- Asset Square Footage: 110,000
- Price Per Square Foot: $275
Cushman & Wakefield represented the seller, Western Centers Inc., through brokers Jon Hendrickson and Aaron Johnson. Craig Branton from Greystone, alongside Mickey Moran and the Denver debt team at Cushman & Wakefield, arranged the acquisition financing for the deal.
Players
Cottonwood 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
0.52%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93