facebook

traded

+ Submit
Home

/

Deals

/

Colorado

/

Industrial

/

Sale

/

1919 Federal Boulevard

Marcus & Millichap Facilitates $2.5M Sale Of Denver Industrial Building
SOLDIndustrial

Marcus & Millichap Facilitates $2.5M Sale Of Denver Industrial Building

1919 Federal Boulevard

$2,500,000

$215/SF

Building Size

11,600 SF

Asset Type

Industrial

Closing

Nov 10, 2023

AI

Marcus & Millichap facilitated the sale of a flex industrial building located at 1919 Federal Boulevard in Denver, Colorado. The property was sold for $2.5 million from a private investor to an undisclosed buyer. The building spans approximately 11,600 square feet, resulting in a price per square foot of $216.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $2,500,000
  • Address: 1919 Federal Boulevard, Denver, CO
  • Market: Denver, CO
  • Brokers: Brandon Kramer & Jake Klimas - Marcus & Millichap

Brandon Kramer and Jake Klimas from Marcus & Millichap served as the brokers in this transaction. They successfully facilitated the sale of the industrial building on behalf of the private investor to the undisclosed buyer.

Players

Brandon Kramer

Marcus & Millichap

Broker

$16M

vol

5 deals

Broker

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

6.35%

Cash-on-Cash

-1.81%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93