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1301 South Cherokee Street

Unique Properties Brokers $1.6M Industrial Sale At 1301 South Cherokee Street In Denver
SOLDIndustrial

Unique Properties Brokers $1.6M Industrial Sale At 1301 South Cherokee Street In Denver

1301 South Cherokee Street

$1,600,000

$144/SF

Building Size

11,102 SF

Asset Type

Industrial

Closing

Jan 8, 2025

AI

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.

Players

Brett MacDougall

Unique Properties

Broker

$14.9M

vol

5 deals

Broker

Denver 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

9.91%

Cash-on-Cash

-2.83%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93