First Washington Realty Acquires Liberty Corners Retail Center From Brixmor Property Group For $20M
840 Missouri Highway 291 & 916 Missouri Highway 291
$20,000,000
$80/SF
Building Size
125,000 SF
Asset Type
Retail
Closing
Oct 5, 2026
About this deal
AI
The property involved in the transaction is a retail asset located at 840-916 Missouri Highway 291 in Liberty, MO. The shopping center encompasses 125,000 square feet and was sold for $20,000,000, resulting in a price per square foot of $160. The property is anchored by a 56,000-square-foot Price Chopper.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $20,000,000
- Address: 840-916 Missouri Highway 291
- Market: Liberty, MO
- Square Footage: 125,000
- Price per Square Foot: $160
- Buyer: First Washington Realty
- Seller: Brixmor Property Group
- Brokerage: Newmark
- Broker Representatives: Conor Lalor, Keely Polczynski, Tim Mckay & Brian Schneiderman
Newmark facilitated the transaction, representing both the buyer and seller in the sale of the Liberty Corners shopping center. The deal was completed on October 5, 2026, marking a significant retail transaction in the Liberty market.
On the Map
$20,000,000
$80/SF
Retail
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Players
Liberty 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
0.79%
Cash-on-Cash
-0.23%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93