facebook
Traded Co logo
Submit
Daily limit: 0/10

Denver Holdings LLC Purchases Industrial Property From ROR-1955 Quince LLC For $7.75M In Denver

Property Image
SOLD
$7,750,000
Dean Giannakopoulos
Adam Abushagur
Alyssa Tomback
+ 1

Colorado

See Similar Deals
Industrial42,392 SF
Sold 06/02/2025
the dealplayerscompscontact
Property Image
SOLD

Denver Holdings LLC Purchases Industrial Property From ROR-1955 Quince LLC For $7.75M In Denver

1955 South Quince Street

See Similar Deals
Industrial42,392 SF
Sold 06/02/2025
Dean Giannakopoulos
Adam Abushagur
Alyssa Tomback
+ 1
the dealplayerscompscontact
Contact now

Summary

COLORADO
Asset Type:Industrial
Price Per Square Foot:$182
Total Square Footage:42,392 SF
Transaction Type:Sale

This industrial property spans 1.92 acres and is located at 1955 South Quince Street in Denver, CO. The property was sold for a transaction amount of $7,750,000, with a total square footage of 42,392, resulting in a price per square foot of $183.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $7,750,000
  • Address: 1955 South Quince Street
  • Market: Denver, CO
  • Acres: 1.92
  • Buyer: Denver Holdings LLC
  • Seller: ROR-1955 Quince LLC
  • Sale Date: 06/02/2025
  • Mortgage Broker: Dean Giannakopoulos - Marcus & Millichap
  • Brokers: Adam Abushagur, Alyssa Tomback & Thimy Moraitis - Marcus & Millichap

The cannabis tenant, Bonsai Cultivation, has an active lease on the property, which extends through 2033. The seller, ROR-1955 Quince LLC, previously acquired the site for $7.7 million in 2019, indicating a break-even outcome for this transaction.

Players

Adam Abushagur
Marcus & Millichap
Adam Abushagur
43 deals$82.3M volume(972) 755-5223
BROKER
Dean Giannakopoulos
Marcus & Millichap
Dean Giannakopoulos
13 deals$96.3M volume
BROKER
Alyssa Tomback
Marcus & Millichap
Alyssa Tomback
2 deals$9.5M volume
BROKER
TM
Marcus & Millichap
Thimy Moraitis
3 deals$9.5M volume
BROKER
Dean Giannakopoulos
Marcus & Millichap
Dean Giannakopoulos
13 deals$96.3M volume
LENDER

Details

SOLD
IMAGE: 06/02/2025 ADDRESS: 1955 South Quince Street MARKET: Denver, CO ASSET TYPE: Industrial ~ ACRES: 1.92 BUYER: Denver Holdings LLC SELLER: ROR-1955 Quince LLC BROKERS: Adam Abushagur, Alyssa Tomback & Thimy Moraitis - Marcus & Millichap MORTGAGE BROKER: Dean Giannakopoulos - Marcus & Millichap SALE PRICE: $7,750,000 SF: 42,392 ~ PPSF: $183 NOTE: A nearly 2-acre industrial property at 1955 S. Quince St. in southeast Denver sold for $7.75M in a break-even deal to Texas-based Denver Holdings LLC. The cannabis tenant, Bonsai Cultivation, remains under lease through 2033; the seller, ROR-1955 Quince LLC, bought the site for $7.7M in 2019.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$413,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$27,534.12
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,738.95
Annual Debt Service$440,867.45