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8101 Midway Drive, Littleto...

DCP Midway LLC Acquires Industrial Property In Littleton, CO For $6.9M
SOLDIndustrial

DCP Midway LLC Acquires Industrial Property In Littleton, CO For $6.9M

8101 Midway Drive, Littleton, Colorado 80125, United States

$6,900,000

$141/SF

Building Size

48,820 SF

Asset Type

Industrial

Closing

Aug 4, 2022

AI

8101 Midway Drive in Littleton, CO has been sold in an industrial transaction. The property spans 48,820 square feet, with a sale price of $6,900,000, resulting in a price per square foot of $141. The buyer, DCP Midway LLC, acquired the asset from the seller, Pavco Group.

Summary of Transaction Details

  • Property Type: Industrial
  • Transaction Amount: $6,900,000
  • Address: 8101 Midway Drive, Littleton, CO
  • Market: Littleton, CO

NavPoint Real Estate Group represented the buyer, with Jeff Brandon and Matt Call serving as the buyer's representatives. The seller, Pavco Group, was represented by Tyler Carner of CBRE.

Players

Matt Call

NavPoint Real Estate Group

Broker

$46.6M

vol

5 deals

Broker
DL
DCP Midway LLCBuyer

Littleton 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

2.30%

Cash-on-Cash

-0.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93