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Unique Properties Brokers $1.6M Industrial Sale At 1301 South Cherokee Street In Denver
SOLD
$1,600,000
Colorado
See Similar DealsIndustrial11,102 SF
Sold 01/08/2025
SOLD
Unique Properties Brokers $1.6M Industrial Sale At 1301 South Cherokee Street In Denver
1301 South Cherokee Street
See Similar DealsIndustrial11,102 SF
Sold 01/08/2025
Summary
COLORADO
Asset Type:Industrial
Price Per Square Foot:$144
Total Square Footage:11,102 SF
Transaction Type:Sale
The industrial asset located at 1301 South Cherokee Street spans 11,102 square feet and has a sale price of $1,600,000, which translates to a price per square foot of $144. The property is situated in the Denver, CO market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,600,000
- Sale Price per Square Foot: $144
- Square Footage: 11,102 SF
- Address: 1301 South Cherokee Street
- Market: Denver, CO
The deal was brokered by Michael DeSantis, Brett MacDougall, and Carson Lang from Unique Properties, who facilitated the transaction process for the sale of the property.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$85,333.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$5,684.48
Cash-on-Cash Return-1.27%
Monthly Debt Service$7,584.82
Annual Debt Service$91,017.80
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