Reunion Village
180220 & 18240 E 104th Ave, Commerce City, CO 80022
Description
Reunion Village is a 25,000 sf neighborhood retail center located in the very desirable Reunion Village/Shea Properties master planned community. The property was purchased at a 8.3% capitalization rate based upon 84% occupancy. Ownership believes the Reunion Village neighborhood will continue to build-out many more houses,thus increasing the demand for retail services while costs of building new retail is cost prohibited.
Details
| Cost PSF $182.88 | Status Active | Total Cost $4,600,000 |
| Acquisition Date Aug, 2017 | Acquisition Price $4,500,000 | Market Value PSF $182.88 |
| Total Project Size 25,153 SF | Add. Capital Costs $100,000 | Current Value $4,600,000 |