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City Lights Church Acquires Mixed-Use Property In Greeley, CO For $5.5M

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SOLD
$5,500,000

Colorado

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Mixed-use48,044 SF
Sold 08/15/2023
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Property Image
SOLD

City Lights Church Acquires Mixed-Use Property In Greeley, CO For $5.5M

7251 West 4th Street Greeley, Colorado 80634, USA

See Similar Deals
Mixed-use48,044 SF
Sold 08/15/2023
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Summary

COLORADO
Asset Type:Mixed-use
Price Per Square Foot:$114
Total Square Footage:48,044 SF
Transaction Type:Sale

Cushman & Wakefield has facilitated the sale of a 48,044-square-foot flex commercial building at 7251 W 4th St in Greeley, Colorado. The mixed-use property, which was vacant at the time of sale, has been sold for $5.5 million. The sale price of $5.5 million translates to a price per square foot of $114.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $5,500,000
  • Square Footage: 48,044
  • Address: 7251 W 4th St, Greeley, CO
  • Market: Greeley, CO

The buyer, City Lights Church, acquired the property from Ashton Greeley Property, LLC. City Lights Church was represented by Erick Backlund from Kairos Real Estate, while Jason Ells from Cushman & Wakefield served as the seller's representative. The acquisition of this flex commercial building provides City Lights Church with a new space to meet its specific needs in Greeley.

Players

JE
2 deals$6.9M volume
BROKER

1 deal$5.5M volume
BROKER

SELLER

Details

SOLD
IMAGE: Jason Ells & Erick Backlund DATE: 08/15/2023 ADDRESS: 7251 W 4th St MARKET: Greeley, CO ASSET TYPE: Mixed-use BUYER: City Lights Church SELLER: Ashton Greeley Property, LLC BUYER'S REP: Erick Backlund - Kairos Real Estate SELLER'S REP: Jason Ells - Cushman & Wakefield SALE PRICE: $5,500,000 SF: 48,044 ~ PPSF: $114 NOTE: Cushman & Wakefield has facilitated the sale of a 48,044-square-foot flex commercial building at 7251 W 4th St in Greeley. Vacant at the time of sale, the property was acquired by City Lights Church for $5.5 million

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Debt Service Coverage Ratio (DSCR)

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