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
Littleton 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
2.30%
Cash-on-Cash
-0.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93