Canopy Real Estate Partners Acquires Gold’s Marketplace Retail Center In Wheat Ridge For $15.8M
2625 Kipling Street
$15,800,000
$267/SF
Building Size
59,000 SF
Asset Type
Retail
Closing
Jul 8, 2025
About this deal
AI
The retail property located at 2625 Kipling Street in Wheat Ridge, CO, has been sold for $15,800,000. This retail center encompasses a total of 59,000 square feet and is 83% leased to 17 tenants, including well-known establishments like Illegal Pete’s and Esters Neighborhood Pub.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $15,800,000
- Square Footage: 59,000
- Address: 2625 Kipling Street
- Market: Wheat Ridge, CO
- Price Per Square Foot: $268
- Buyer: Canopy Real Estate Partners
The transaction involved Denver-based Canopy Real Estate Partners, which acquired the property, known as Gold’s Marketplace. The acquisition highlights the company’s interest in retail assets in the Wheat Ridge area, further expanding its portfolio in the market.
Players
Wheat Ridge 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
1.00%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93