Updated Dec 4, 2024
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
About this deal
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