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309 East County Line Road

Sidford Capital Sells Retail Property At 309-311 East County Line Road For $13.5M
SOLDRetail

Sidford Capital Sells Retail Property At 309-311 East County Line Road For $13.5M

309 East County Line Road & 311 East County Line Road

$13,500,000

$85/SF

Building Size

157,360 SF

Asset Type

Retail

Closing

Nov 22, 2024

AI

The asset involved in the transaction is a retail property located at 309-311 East County Line Road in Littleton, CO. The sale was completed on November 22, 2024, at a transaction price of $13,500,000, which equates to approximately $172 per square foot for a total area of 78,680 square feet.

Summary of transaction details:

The sale of the property was brokered by Marcus & Millichap, which handled the transaction of Oakbrook Shopping Center, highlighting a structured approach to the sale split into two transactions.

Players

Ryan Bowlby

Institutional Property Advisors

Broker

$30.8M

vol

4 deals

Broker

Littleton 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

1.18%

Cash-on-Cash

-0.34%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93