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:
- Property Type: Retail
- Transaction Amount: $13,500,000
- Square Footage: 78,680
- Price per Square Foot: $172
- Seller: Sidford Capital
- Broker Representatives: Drew Isaac & Ryan Bowlby - Institutional Property Advisors
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
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