Ziff Real Estate Partners Acquires Marston Park Plaza Retail Center In Lakewood For $17.9M
5066 South Wadsworth Boulevard
$17,900,000
$198/SF
Building Size
90,200 SF
Asset Type
Retail
Closing
Jul 1, 2025
AI
A retail property was involved in the recent sale, located at 5066 South Wadsworth Boulevard in Lakewood, CO. The asset sold for $17,900,000, encompassing a total area of 90,200 square feet. The price per square foot is calculated at approximately $198.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $17,900,000
- Sale Date: 07/01/2025
- Buyer: Ziff Real Estate Partners
- Seller: Miller United Real Estate
- Brokers: Rob Bova, Eric Tupler, Jason Schmidt & Austin Snedden - JLL
Ziff Real Estate Partners acquired Marston Park Plaza, a notable retail center situated in Littleton. The transaction was brokered by a team from JLL, emphasizing the collaborative effort among the representatives involved in the deal.
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
0.89%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93