Twenty Ninth Street Retail
A retail property in Boulder, Colorado. Securitized in 1 CMBS deal in 2016.
$350.0MAppraised value (latest deal)
99.0%Occupancy
$18.0MUnderwritten NOI
5.1%Implied cap rate
- Address
- 1710 29th Street, Boulder, CO 80301
- Property type
- Retail · Regional Lifestyle Center
- Year built
- 1963
- Size
- 704,713 SF
- Sponsor
- Macerich HHF Centers LLC
- Loan purpose
- Recapitalization
- Largest tenant
- Home Depot, The
Appearances in CMBS deals
| Deal | Cut-off / filing | Appraised | Occ. | UW NOI | Cap | Loan / alloc. bal. | LTV | DSCR | Source |
|---|---|---|---|---|---|---|---|---|---|
| MSC 2016-UBS9 | 2016-03-09 | $350.0M | 99.0% | $18.0M | 5.1% | $40.0M | 42.9% | 424B |
Historical NOI reported in MSC 2016-UBS9
| Period ending | NOI |
|---|---|
| 9/30/2015 TTM | $16.5M |
| 12/31/2014 | $15.0M |
| 12/31/2013 | $12.9M |
More CMBS properties in Colorado →
Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.