Continental Realty Corporation Acquires Quebec Village Shopping Center In Centennial For $31M
8223 South Quebec Street
$31,000,000
$248/SF
Building Size
125,000 SF
Asset Type
Retail
Closing
Nov 5, 2026
About this deal
AI
Continental Realty Corporation acquired the Quebec Village Shopping Center located at 8223 South Quebec Street in Centennial, Colorado. The purchase price for the retail asset was $31 million. The property spans a total of 125,000 square feet, resulting in a price per square foot of $248.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $31,000,000
- Buyer: Continental Realty Corporation
- Seller: Kensington Development Partners
- Broker: Brad Lyons - CBRE
- Square Footage: 125,000
- Price Per Square Foot: $248
The deal highlights the involvement of Brad Lyons from CBRE, representing the seller, Kensington Development Partners, during the transaction. This acquisition marks Continental Realty Corporation's second retail property in the Denver area, and the center includes 43,000 square feet of vacant former Amazon Grocery space intended for future repositioning with new tenants.
On the Map
$31,000,000
$248/SF
Retail
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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
0.51%
Cash-on-Cash
-0.15%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93