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Citivest Commercial Investments Acquires Retail Center From Legacy Capital Partners For $13M In Denver

Property Image
SOLD
$13,000,000
Jon Hendrickson
Aaron Johnson

Colorado

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Retail111,669 SF
Sold 02/09/2026
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Property Image
SOLD

Citivest Commercial Investments Acquires Retail Center From Legacy Capital Partners For $13M In Denver

7150 South Leetsdale Drive

See Similar Deals
Retail111,669 SF
Sold 02/09/2026
Jon Hendrickson
Aaron Johnson
the dealplayerscompscontact
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Summary

COLORADO
Asset Type:Retail
Price Per Square Foot:$116
Total Square Footage:111,669 SF
Transaction Type:Sale

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

Aaron Johnson
Cushman & Wakefield
Aaron Johnson
11 deals$199M volume
BROKER
Jon Hendrickson
Cushman & Wakefield
Jon Hendrickson
11 deals$199M volume
BROKER
CI
Citivest Commercial Investments
BUYER

Details

SOLD
IMAGE: 02/09/2026 ADDRESS: 7150 South Leetsdale Drive MARKET: Denver, CO ASSET TYPE: Retail BUYER: Citivest Commercial Investments SELLER: Legacy Capital Partners BROKERS: Jon Hendrickson & Aaron Johnson - Cushman & Wakefield SALE PRICE: $13,000,000 SF: 111,669 ~ PPSF: $116 NOTE: Cushman & Wakefield sold Leetsdale Marketplace in Denver for $13 million, with a new buyer led by Citivest. The retail center is 111,669 sq ft, mostly leased, and has good visibility and high traffic.

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Deal Type
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