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5790 Lamar Street Arvada, C...

Marcus & Millichap Sells Industrial Building In Arvada, CO For $1.7M
SOLDIndustrial

Marcus & Millichap Sells Industrial Building In Arvada, CO For $1.7M

5790 Lamar Street Arvada, Colorado 80002, Usa

$1,700,000

$210/SF

Building Size

8,075 SF

Asset Type

Industrial

Closing

Aug 1, 2023

AI

An industrial building located at 5790 Lamar St. in Arvada, near Denver, was recently sold for $1.7 million. The building spans a total area of 8,075 square feet, resulting in a price per square foot of $211.

Summary of transaction details:

Marcus & Millichap facilitated the sale of the industrial building. The transaction involved a limited liability company as the seller, while the buyer remains undisclosed. The exact details of the deal, including any additional parties involved, were not provided in the available information.

Players

Alyssa Tomback

Marcus & Millichap

Broker

$9.5M

vol

2 deals

Broker

Lamar 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

9.33%

Cash-on-Cash

-2.67%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93