Barry Higgins Of Marcus & Millichap Sells Retail Property In Conifer, CO For $10.3M
30403 Kings Valley Drive, Conifer, Colorado 80433, United States
$10,300,000
$176/SF
Building Size
58,473 SF
Asset Type
Retail
Closing
Jul 10, 2022
About this deal
AI
The retail property located at 30403 Kings Valley Dr in Conifer, CO has been sold. The transaction was facilitated by Barry Higgins from Marcus & Millichap. The sale price for the property was $10,300,000. The property spans an area of 58,473 square feet, resulting in a price per square foot of $176.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $10,300,000
- Address: 30403 Kings Valley Dr, Conifer, CO
- Broker: Barry Higgins - Marcus & Millichap
- Square Footage: 58,473
- Price per Square Foot: $176
Barry Higgins from Marcus & Millichap played a pivotal role in this retail property transaction. Their expertise and representation contributed to the successful sale of the property.
Players
Conifer 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
1.54%
Cash-on-Cash
-0.44%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93