Pinnacle Real Estate Advisors Brokers $6.1M Industrial Sale In Denver
3625 East 48th Avenue, Denver, Colorado 80216, United States
$6,100,000
$98/SF
Building Size
62,114 SF
Asset Type
Industrial
Closing
Sep 13, 2022
AI
The industrial property located at 3625 E 48th Ave in Denver, CO has been sold. The transaction took place on 09/14/2022, with a sale price of $6,100,000. The property spans 62,114 square feet, resulting in a price per square foot of $98.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $6,100,000
- Square Footage: 62,114
- Price per Square Foot: $98
- Address: 3625 E 48th Ave, Denver, CO
- Market: Denver, CO
The sale was facilitated by Dallas Sandberg from Pinnacle Real Estate Advisors. As the broker representative, Dallas Sandberg played a crucial role in the transaction.
Players
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
2.60%
Cash-on-Cash
-0.74%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93