Drew Williams & Steve Cummock Of NorthPeak Facilitate $1M Office Sale In Aurora
14100 East Evans Avenue
$1,000,000
$196/SF
Building Size
5,092 SF
Asset Type
Office
Closing
Apr 2, 2024
About this deal
AI
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.
On the Map
$1,000,000
$196/SF
Office
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Players
Aurora Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.86%
Cash-on-Cash
-4.53%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93