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
Denver Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
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