Marcus & Millichap Inc., a prominent commercial real estate brokerage firm, has successfully arranged the sale of a 6,984-square-foot net-leased property in Centennial, Colorado. The property, known as Kid City USA, was sold for $3,000,000. Located at 9034 E Mineral Circle, this site marks Kid City USA's 10th location in Colorado, contributing to its significant national growth. Positioned strategically between Park Meadows and the Denver Tech Center, the property benefits from a robust local economy, with nearly 123,000 employees and an average household income of $144,000 in the vicinity. The transaction was facilitated by Cory Gross from Marcus & Millichap's Denver office, who secured a repeat 1031 exchange client from California for an all-cash purchase. The property includes a new 15-year absolute NNN lease, backed by corporate and personal guarantees, ensuring a long-term investment for the buyer.
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