Updated Jan 9, 2025
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
About this deal
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.
On the Map
$1,600,000
$144/SF
Industrial
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Players
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