Updated Aug 28, 2026
Blake Rodgers Of Steel Peak Acquires Industrial Outdoor Storage Property In Commerce City For $4M
5286 Newport Street
$4,000,000
Building Size
—
Asset Type
Industrial
Closing
Aug 27, 2026
About this deal
AI
Steel Peak acquired an industrial outdoor storage property located at 5286 Newport Street in Commerce City, Colorado. The asset spans 2.62 acres and was sold for $4 million, representing a transaction in the industrial sector.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $4,000,000
- Buyer: Blake Rodgers - Steel Peak
- Seller: JFW Trucking
- Sale Date: 08/27/2026
- Market: Commerce City, CO
- Previous Acquisitions: This marked Steel Peak's third Denver-area IOS acquisition in the past year and the 16th overall since launching in 2024.
The transaction involved Blake Rodgers representing Steel Peak as the buyer and JFW Trucking as the seller, facilitating the sale of the property in the industrial market.
On the Map
$4,000,000
Industrial
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Players
Newport 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
3.97%
Cash-on-Cash
-1.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93