Updated Dec 4, 2024
IG Logistics LLC & Meadow Partners Acquire Industrial Property In Denver, CO For $19M
409 West 66th Avenue, Denver, Colorado 80221, United States
$19,000,000
Building Size
—
Asset Type
Industrial
Closing
Aug 22, 2022
About this deal
AI
An industrial property located at 409 W 66th Ave in Denver, CO has been sold for a price of $19,000,000. The property spans across 26.7 acres.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $19,000,000
- Address: 409 W 66th Ave, Denver, CO
- Market: Denver, CO
- Acres: 26.7
The buyer of the property is IG Logistics LLC & Meadow Partners. The sale was facilitated by brokers Matt Trone & Joey Trinkle from Cushman & Wakefield.
The industrial sale at 409 West 66th Avenue, Denver, Colorado 80221, United States in Denver, Colorado sold for $19M in 2022. 409 West 66th Avenue, Denver, Colorado 80221, United States is classified as Industrial on Traded. Matthew (Matt) Trone, Joseph (Joey) Trinkle, Cushman & Wakefield appear on the sale alongside Cushman & Wakefield. This page is the Denver, Colorado file for the 409 West 66th Avenue, Denver, Colorado 80221, United States industrial sold: pricing, party profiles, and other closed industrial comps from the same Denver sit in the Market section below. Filter that Denver industrial set by closing date to see what else sold near 409 West 66th Avenue, Denver, Colorado 80221, United States around 2022. Published consideration for 409 West 66th Avenue, Denver, Colorado 80221, United States is $19M, dated 2022. Cite this IG Logistics LLC & Meadow Partners Acquire Industrial Property In Denver, CO For $19M sale when underwriting similar industrial product around Denver, Colorado.
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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93