JLL Facilitates $10.3M Sale Of Washington Center Retail Asset In Denver With 19 Tenants

Washington Center, a retail asset located at 812 & 858 East 120th Avenue and 11874-11890 Washington St in Denver, CO, was sold for $10,300,000. The shopping center encompasses a total area of 50,445 square feet and is currently 92% leased, hosting 19 tenants including CSL Plasma and Smashburger.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $10,300,000
• Square Footage: 50,445
• Price Per Square Foot: $204
• Address: 812 & 858 East 120th Avenue; 11874-11890 Washington St
• Market: Denver, CO

JLL Capital Markets played a key role in facilitating the sale, with Jason Schmidt and Austin Snedden acting as the brokers representing the transaction. Additionally, Rob Bova served as the mortgage broker associated with this deal.