Unique Properties Completes $5.4M Sale Of Industrial Warehouse Occupied By Trane In Aurora
11601 East 33rd Avenue
$5,400,000
$220/SF
Building Size
24,536 SF
Asset Type
Industrial
Closing
Nov 1, 2024
AI
The transaction involves the sale of an industrial warehouse located at 11601 East 33rd Avenue in Aurora, CO. The property has a total square footage of 24,536 and was sold for $5,400,000, resulting in a price per square foot of $220.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,400,000
- Square Footage: 24,536
- Address: 11601 East 33rd Avenue
- Market: Aurora, CO
- Price Per Square Foot: $220
The deal was facilitated by brokers Graham Trotter and Sam Leger from Unique Properties, who played a key role in the transaction. Notably, the property is occupied by Trane under a long-term net lease.
Players
Aurora 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
2.94%
Cash-on-Cash
-0.84%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93