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October 23, 2018
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CO Shopping Center Picked Up by Florida Buyer in $10.8 Mil Deal

7/25/18

Broadridge Shopping Center, a 75.8k sf shopping center in Littleton, CO, was acquired by Fort Lauderdale-based SunCap Opportunity Fund LLC for $10.85 mil ($143/sf). The property was sold by Transmark Co.

Broadridge Shopping Center is located at 6905 S. Broadway, north of Hwy 470 at Ridge Rd. The property is 89% leased to 18 tenants and is anchored by YouFit Health Club and Mountain High Appliance. The center features a newly built Andy’s Frozen Custard.

Brad Cohen and Larry Thiel of Transwestern’s Denver Capital Markets Group brokered the transaction on behalf of the seller.

“Broadridge Shopping Center appealed to several investors seeking the stability of long-term leases, excellent demographics and the opportunity to develop on the site,” said Thiel.





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