Kings Valley Marketplace in Conifer trades hands for $7M
31 Aug 2020 01:33 #1
by Mountain-News-Events
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Kings Valley Marketplace in Conifer trades hands for $7M
By Jenna Walters, Colorado Real Estate Journal | August 21, 2020
By Jenna Walters, Colorado Real Estate Journal | August 21, 2020
A shopping center in Conifer sold for $7 million to a Colorado based buyer.
Kings Valley Marketplace LLC purchased Kings Valley Marketplace, the 55,300-square-foot retail center at 30403 Kings Valley Drive, from seller Kings Valley MCIF LLC.
Approximately 10 tenants occupy the two-story shopping center, including Conexsmart, Dynamic Fitness, The Conifer Brewhouse, Leaderone Financial, Colorado Laser & Vein and Ernie’s Bakery, as well as Kum & Go on a ground lease. According to Evergreen Commercial Group LLC, rents range from $11 and $14 per sf and the retail and office suites range from 500 to 4,000 sf.
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