Citivest Commercial Investments Acquires Retail Center From Legacy Capital Partners For $13M In Denver
7150 South Leetsdale Drive
$13,000,000
$116/SF
Building Size
111,669 SF
Asset Type
Retail
Closing
Feb 9, 2026
AI
The property asset involved in this transaction is a retail center located at 7150 South Leetsdale Drive in Denver, CO. The sale price for the asset was $13,000,000, and it has a total square footage of 111,669. The property is mostly leased and benefits from good visibility and high traffic.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,000,000
- Sale Date: 02/09/2026
- Buyer: Citivest Commercial Investments
- Seller: Legacy Capital Partners
- Broker Representatives: Jon Hendrickson & Aaron Johnson - Cushman & Wakefield
- Square Footage: 111,669
- Price Per Square Foot: $116
The deal involved Citivest Commercial Investments as the buyer and Legacy Capital Partners as the seller, with brokerage services provided by Jon Hendrickson and Aaron Johnson from Cushman & Wakefield. This transaction represents a strategic acquisition for Citivest, enhancing its portfolio in the Denver market.
Players
Denver 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
1.22%
Cash-on-Cash
-0.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93