Wabash Retail LLC Sells 2.1 Acre Retail Asset In Denver For $8.5 Million
8400 East Iliff Avenue
$8,500,000
$243/SF
Building Size
34,846 SF
Asset Type
Retail
Closing
Sep 3, 2026
About this deal
AI
The transaction involved the sale of Wabash Marketplace, a retail shopping center located at 8400 East Iliff Avenue in Denver, CO. The sale price was $8,500,000 for a 34,846-square-foot property sitting on 2.1 acres, resulting in a price per square foot of $244.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $8,500,000
- Address: 8400 East Iliff Avenue
- Market: Denver, CO
- Acres: 2.1
- Square Feet: 34,846
- Price per Square Foot: $244
- Seller: Wabash Retail LLC
- Broker: Cory Gross - Marcus & Millichap
Cory Gross represented Wabash Retail LLC in this transaction, facilitating the sale to a private investor who was completing a 1031 exchange. Marcus & Millichap played a crucial role in brokering the deal.
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
1.87%
Cash-on-Cash
-0.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93