RCI Hospitality Holdings, Inc Acquires Retail Property In Greenwood Village, CO For $5.2M
6575 Greenwood Plaza Boulevard, Greenwood Village, Colorado 80111, United States
$5,200,000
$433,333/SF
Building Size
12 SF
Asset Type
Retail
Closing
Dec 21, 2022
About this deal
AI
The retail property located at 6575 Greenwood Plaza Boulevard in Greenwood Village, CO has been sold. The transaction took place on 12/21/2022. The property spans 12,500 square feet, with a sale price of $5,200,000, resulting in a price per square foot of $416.
Summary of Transaction Details
- Property Type: Retail
- Transaction Amount: $5,200,000
- Address: 6575 Greenwood Plaza Boulevard, Greenwood Village, CO
- Market: Greenwood Village, CO
- Buyer: RCI Hospitality Holdings, Inc
RCI Hospitality Holdings, Inc is the buyer of the property. They acquired the retail asset from an undisclosed seller. The purchase of this property demonstrates RCI Hospitality Holdings' expansion in the retail market in Greenwood Village, CO.
Players
Englewood 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
3.05%
Cash-on-Cash
-0.87%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93