Updated Jul 10, 2025
Dream US Industrial Fund Acquires Enterprise Business Center Building 7 In Denver For $25.5M
9420 East 40th Avenue
$25,500,000
$161/SF
Building Size
157,942 SF
Asset Type
Industrial
Closing
Jul 9, 2025
About this deal
AI
The industrial property located at 9420 East 40th Avenue, Denver, CO, was sold for $25,500,000. This asset spans 157,942 square feet and was built in 2017. It features a 24-foot clear height and is equipped with ESFR sprinklers, complemented by a large truck court.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $25,500,000
- Square Footage: 157,942
- Address: 9420 East 40th Avenue
- Market: Denver, CO
- Buyer: Dream US Industrial Fund
- Seller: United Properties
- Brokers: Mike Wafer, Tim Richey, Michael Wafer Jr., Mike Viehmann, Jack Richey & Sean Fitzgerald - Newmark
United Properties sold the Enterprise Business Center Building 7 to Dream US Industrial Fund, a Dream REIT entity. The brokers involved in the transaction were from Newmark, representing the interests of both the buyer and seller effectively throughout the deal.
On the Map
$25,500,000
$161/SF
Industrial
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Players
Denver 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
0.62%
Cash-on-Cash
-0.18%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93