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11601 East 33rd Avenue

Unique Properties Completes $5.4M Sale Of Industrial Warehouse Occupied By Trane In Aurora
SOLDIndustrial

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

Sam Leger

Unique Properties

Broker

$5.4M

vol

1 deal

Broker

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