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1780 West 6th Avenue

BKM Capital Partners Acquires Industrial Property West 6th Center In Denver For $10.7M
SOLDIndustrial

BKM Capital Partners Acquires Industrial Property West 6th Center In Denver For $10.7M

1780 West 6th Avenue

$10,700,000

$87/SF

Building Size

122,783 SF

Asset Type

Industrial

Closing

Feb 5, 2024

AI

The industrial property located at 1780 West 6th Avenue in Denver, CO, has been sold for a total price of $10,700,000. Spanning 122,783 square feet, the property was acquired by Brian Malliet of BKM Capital Partners. The deal was facilitated by brokers Aaron Valdez, Alec Rhodes, and Raymond Trevisan from Cushman & Wakefield, at a price per square foot of $87.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $10,700,000
  • Buyer: Brian Malliet - BKM Capital Partners
  • Square Footage: 122,783
  • Address: 1780 West 6th Avenue, Denver, CO
  • Market: Denver, CO
  • Sale Price per Square Foot: $87
  • Seller: Not specified

BKM Capital Partners, in collaboration with TerraCore Capital, completed the acquisition of West 6th Center as a light industrial property in Denver through this investment deal. The involvement of multiple companies and individuals in the transaction highlights the joint efforts and strategic partnerships that contribute to successful real estate acquisitions in the commercial sector.

Players

Raymond Trevisan

Cushman & Wakefield

Broker

$10.7M

vol

2 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

1.48%

Cash-on-Cash

-0.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93