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9385 S Colorado BLVD, Littl...

Sidford Capital Acquires Property In Highlands Ranch For $6.1M With Drew Isaacson As Seller's Rep
SOLDRetail

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

Drew Isaacson

JLL

Broker

$7.6B

vol

24 deals

Broker
SC
Sidford CapitalBuyer

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