Sidford Capital Acquires Property In Highlands Ranch For $6.1M With Drew Isaacson As Seller's Rep
9385 S Colorado BLVD, Littleton, CO...
$6,100,000
Building Size
—
Asset Type
Retail
Closing
Nov 19, 2023
AI
Highlands Ranch Marketplace is a neighborhood retail center located at 9385 S Colorado Blvd, Littleton, CO. The property is situated in the Highlands Ranch market and was fully leased to 10 tenants at the time of sale. It was acquired for $6,100,000.00.
Summary of transaction details:
- Property Type: Retail Center
- Transaction Amount: $6,100,000.00
- Address: 9385 S Colorado Blvd, Littleton, CO
- Market: Highlands Ranch
- Seller's Representative: Ryan Bowlby & Drew Isaacson - Marcus & Millichap
- Buyer: Sidford Capital
Ryan Bowlby and Drew Isaacson from Marcus & Millichap’s Denver office represented the seller, a private investor based in Colorado, and facilitated the acquisition by Sidford Capital in this transaction.
Players
Highlands Ranch 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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93