facebook
Traded Co logo
Submit
Daily limit: 0/10

Albrook Partners Acquires Denver Industrial Property From C.C.E. Real Estate For $3.8M

Property Image
SOLD
$3,800,000

Colorado

See Similar Deals
Industrial34,782 SF
Sold 11/10/2023
the dealplayerscompscontact
Property Image
SOLD

Albrook Partners Acquires Denver Industrial Property From C.C.E. Real Estate For $3.8M

Industrial34,782 SF
Sold 11/10/2023
Contact now

Summary

Asset Type:Industrial
Price Per Square Foot:$109
Total Square Footage:34,782 SF
Transaction Type:Sale

NAI Shames Makovsky facilitated the acquisition of a Denver industrial property located at 6270 East 50th Avenue by Albrook Partners. The property was purchased from C.C.E. Real Estate LLC for a total of $3,800,000. The industrial property spans a total of 34,782 square feet, resulting in a price per square foot of $109.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $3,800,000
  • Address: 6270 East 50th Avenue, Denver, CO
  • Market: Denver, CO
  • Buyer: Albrook Partners
  • Seller: C.C.E. Real Estate LLC
  • Brokers: Adam Hubschman & Paul Cattin - NAI Shames Makovsky
  • SF: 34,782
  • PPSF: $109

The acquisition of the Denver industrial property at 6270 East 50th Avenue was facilitated by NAI Shames Makovsky on behalf of Albrook Partners. The property was purchased from C.C.E. Real Estate LLC for a total of $3.8 million. This transaction provides Albrook Partners with a valuable industrial asset in a prime location.

Players

Adam Hubschman
1 deal$3.8M volume(303) 565-3011
BROKER

Paul Cattin
Platinum CRE
5 deals$22.4M volume(303) 565-3030
BROKER

Details

SOLD
IMAGE: Adam Hubschman & Paul Cattin DATE: 11/10/2023 ADDRESS: 6270 East 50th Avenue MARKET: Denver, CO ASSET TYPE: Industrial BUYER: Albrook Partners SELLER: C.C.E. Real Estate LLC BROKERS: Adam Hubschman & Paul Cattin - NAI Shames Makovsky SALE PRICE: $3,800,000 SF: 34,782 ~ PPSF: $109 NOTE: NAI Shames Makovsky facilitated the acquisition of a Denver industrial property at 6270 E. 50th Ave by Albrook Partners from C.C.E. Real Estate LLC for $3.8 million.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$202,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$13,500.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$18,013.94
Annual Debt Service$216,167.26