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1448 West Cedar Avenue

Five Quarters Farm LLC Acquires Industrial Building In Denver From Cedar Palms LLC For $1.6M
SOLDIndustrial

Five Quarters Farm LLC Acquires Industrial Building In Denver From Cedar Palms LLC For $1.6M

1448 West Cedar Avenue

$1,600,000

$255/SF

Building Size

6,275 SF

Asset Type

Industrial

Closing

Jun 24, 2025

AI

Five Quarters Farm LLC acquired an industrial building located at 1448 West Cedar Avenue in Denver, Colorado. The transaction was completed for $1,600,000, with the building encompassing a total area of 6,275 square feet, resulting in a price per square foot of $255.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $1,600,000
  • Address: 1448 West Cedar Avenue
  • Market: Denver, CO
  • Building Size: 6,275 SF
  • Price per Square Foot: $255
  • Buyer: Five Quarters Farm LLC
  • Seller: Cedar Palms LLC
  • Buyer's Representative: Christian Dinsdale - SVR Real Estate
  • Seller's Representative: John V. Propp - John Propp Commercial Group

This transaction involved key representatives such as Christian Dinsdale from SVR Real Estate, who represented the buyer, Five Quarters Farm LLC, and John V. Propp from John Propp Commercial Group, who represented the seller, Cedar Palms LLC.

Players

John V. Propp

John Propp Commercial Group

Broker

$15.7M

vol

5 deals

Broker
 John Propp Commercial Group
John Propp Commercial GroupBrokerage

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