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Legacy Capital Partners Sells Grocery-Anchored Retail Center In Denver For $13 Million
SOLD
Colorado
See Similar DealsRetail111,669 SF
Sold 02/10/2026
SOLD
Legacy Capital Partners Sells Grocery-Anchored Retail Center In Denver For $13 Million
7150 South Leetsdale Drive
See Similar DealsRetail111,669 SF
Sold 02/10/2026
Summary
COLORADO
Asset Type:Retail
Price Per Square Foot:$116
Total Square Footage:111,669 SF
Transaction Type:Sale
Leetsdale Marketplace is a retail asset located at 7150 South Leetsdale Drive in Denver, CO. The property, which spans 111,669 square feet, was sold for $13,000,000, translating to a price per square foot of $116.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,000,000
- Square Footage: 111,669
- Price per Square Foot: $116
- Seller: Legacy Capital Partners
- Brokers: Jon Hendrickson & Aaron Johnson - Cushman & Wakefield
- Buyer: A Citivest Commercial-led partnership
Cushman & Wakefield facilitated the sale, representing Legacy Capital Partners in the transaction. The involvement of their brokers, Jon Hendrickson and Aaron Johnson, was critical in successfully closing the deal for the grocery-anchored retail center.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$693,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$46,186.27
Cash-on-Cash Return-1.27%
Monthly Debt Service$61,626.63
Annual Debt Service$739,519.59
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