Jared Gordon Of MCA Realty Acquires Industrial Business Park In Aurora For $9.2M
15200 East 33rd Place, 15250 East 33rd Place & 15201 East Moncrieff Place
$9,200,000
$43/SF
Building Size
70,301 SF
Asset Type
Industrial
Closing
Feb 14, 2024
AI
Commerce Center I, a fully occupied three-building industrial business park located at 15200 East 33rd Place, 15250 East 33rd Place & 15201 East Moncrieff Place in Aurora, CO, was recently acquired by Jared Gordon of MCA Realty for $9.2 million. The total square footage of the property is 70,301, resulting in a price per square foot of $131.
Summary of transation details:
- Property Type: Industrial
- Transaction Amount: $9,200,000
- Buyer: Jared Gordon - MCA Realty
- Brokers: Matt Keyerleber, Nick Rice & T.J. Smith - Colliers International
MCA Realty's Industrial Growth Fund facilitated the acquisition of Commerce Center I. The transaction was successfully led by brokers Matt Keyerleber, Nick Rice, and T.J. Smith, representing Colliers International in this deal.
Players
Aurora 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
1.72%
Cash-on-Cash
-0.49%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93