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Drew Williams & Steve Cummock Of NorthPeak Facilitate $1M Office Sale In Aurora
SOLD
$1,000,000
Colorado
See Similar DealsOffice5,092 SF
Sold 04/02/2024
SOLD
Drew Williams & Steve Cummock Of NorthPeak Facilitate $1M Office Sale In Aurora
14100 East Evans Avenue
See Similar DealsOffice5,092 SF
Sold 04/02/2024
Summary
COLORADO
Asset Type:Office
Price Per Square Foot:$196
Total Square Footage:5,092 SF
Transaction Type:Sale
An office building spanning 5,092 square feet located at 14100 East Evans Avenue in Aurora, CO, was recently sold for $1 million. The transaction resulted in a price per square foot of $196 in this bustling Denver suburb.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,000,000
- Address: 14100 East Evans Avenue
- Market: Aurora, CO
- Square Footage: 5,092
- Brokers: Drew Williams & Steve Cummock - NorthPeak Commercial Advisors
Steve Cummock and Drew Williams, representing NorthPeak Commercial Advisors, played a crucial role in facilitating the acquisition of the office building in Aurora. The specific identities of both the seller and buyer involved in the transaction remain undisclosed.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$53,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12
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