Marcus & Millichap Facilitates Sale Of Restaurant Property In Aurora For $2.6M

The property at 25455 East Smoky Hill Road in Aurora, CO, was a restaurant property sold in a transaction facilitated by Marcus & Millichap. The sale price for this retail asset was $2,600,000, with a size of 2,155 square feet, resulting in a price per square foot of $1,206.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $2,600,000
• Address: 25455 East Smoky Hill Road
• Market: Aurora, CO

Kyle Malnati of Kentwood Commercial represented the buyer in this transaction, while Drew Isaac & James Rassenfoss from Marcus & Millichap served as the seller's representatives. The sale involved a local all-cash investor participating in a 1031 exchange.