Daily limit: 0/10
Pinnacle Real Estate Advisors Facilitates $14.4 Million Sale Of Westgate Shopping Center In Lakewood, CO
SOLD
$14,400,000
Colorado
See Similar DealsRetail
Sold 07/28/2023
SOLD
Pinnacle Real Estate Advisors Facilitates $14.4 Million Sale Of Westgate Shopping Center In Lakewood, CO
3265 South Wadsworth Boulevard Lakewood, Colorado 80227, USA
See Similar DealsRetail
Sold 07/28/2023
Summary
COLORADO
Asset Type:Retail
Transaction Type:Sale
The Westgate Shopping Center in Lakewood, Colorado has been sold for $14.4 million. The property, located at 3265 S Wadsworth Blvd, is a retail asset situated approximately eight miles from downtown Denver.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $14,400,000
- Brokers: Eric Diesch & Peter Sengelmann - Pinnacle Real Estate Advisors
- Market: Lakewood, CO
Pinnacle Real Estate Advisors facilitated the sale of the Westgate Shopping Center. Eric Diesch and Peter Sengelmann, representing Pinnacle Real Estate Advisors, played a key role in the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$768,000.00
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$51,160.16
Cash-on-Cash Return-1.27%
Monthly Debt Service$68,263.35
Annual Debt Service$819,160.16
Is there something missing? Send suggestions