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501 Kalamath Street

Pinnacle Real Estate Advisors Represents Seller In $4.1M Industrial Sale At 501-521 Kalamath St
SOLDIndustrial

Pinnacle Real Estate Advisors Represents Seller In $4.1M Industrial Sale At 501-521 Kalamath St

501 Kalamath Street & 521 Kalamath Street

$4,100,000

$84/SF

Building Size

48,356 SF

Asset Type

Industrial

Closing

Jan 7, 2025

AI

An industrial asset was sold at 501 Kalamath Street & 521 Kalamath Street in Denver, CO, for $4,100,000. The property spans 24,178 square feet, with a price per square foot of $170.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $4,100,000
  • Square Footage: 24,178
  • Address: 501 Kalamath Street & 521 Kalamath Street
  • Market: Denver, CO
  • Price per Square Foot: $170

Pinnacle Real Estate Advisors facilitated the sale, with Paul Nora and Jamie Mitchell representing the undisclosed seller in the transaction. The identity of the buyer remains undisclosed.

Players

Jamie Mitchell

Douglas Elliman

Broker

$9.8M

vol

2 deals

Broker
Douglas Elliman
Douglas EllimanBrokerage

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

3.87%

Cash-on-Cash

-1.11%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93