Tepuy Properties Acquires 27116 Square Foot Industrial Facility In Broomfield For $4.7 Million
11331 Dillon Road
$4,700,000
Building Size
—
Asset Type
Industrial
Closing
Nov 6, 2024
AI
Tepuy Properties acquired an industrial facility located at 11331 Dillon Road in Broomfield, CO. The sale price for the asset was $4,700,000. The facility comprises a total area of 27,116 square feet, and Glass to Glass Denver is listed as the tenant.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,700,000
- Buyer: Tepuy Properties
- Buyer's Representative: Jaime Pletcher - Gibbons White
- Seller's Representative: Matthew Trone - Cushman & Wakefield
The transaction involved notable representatives in the industry, with Jaime Pletcher from Gibbons White representing Tepuy Properties and Matthew Trone from Cushman & Wakefield assisting the seller in the deal.
Players
Broomfield Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
3.38%
Cash-on-Cash
-0.96%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93