Peakview Realty Purchases Property On S Parker Rd Aurora For $8.2 Million With Jason Schmidt As Seller's Rep

Peakview Realty has acquired Shoppes at Parker Commons, a retail center located at 2701 S Parker Rd, Aurora, CO, 80014. The property, built in 1987, has a total square footage of 32,297 and was 92 percent leased at the time of sale. The transaction was valued at $8,199,999.00, equating to $255 per square foot.

Summary of transaction details:

• Property Type: Retail Center
• Transaction Amount: $8,199,999.00
• Address: 2701 S Parker Rd, Aurora, CO, 80014
• Market: Aurora
• Seller's Representative: Jason Schmidt - JLL
• Buyer: Peakview Realty
• Tenants: H Mart, H&M Dental, Farmers Insurance, O’Hair Salon, Volcano Tea House, Neo Lashes and Nails, QQ Massage
• Property Size: 32,297 square feet
• Occupancy Rate: 92 percent
• Sale Date: Details not provided

Jason Schmidt of JLL Retail Capital Markets Investment Sales and Advisory led the team that represented the seller, LNR Partners LLC, in this transaction. The center includes multiple tenants, contributing to its occupancy rate and overall investment appeal.