CBRE Represents Sale Of Office Property In Greenwood Village, CO For $15.7M
5500 Greenwood Plaza Boulevard, Greenwood Village, Colorado 80111, United States
$15,700,000
$224/SF
Building Size
69,855 SF
Asset Type
Office
Closing
Oct 10, 2022
About this deal
AI
An office property located at 5500 Greenwood Plaza Blvd in Greenwood Village, CO has been sold for a total price of $15,700,000. The property spans 69,855 square feet with a price per square foot of $225.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $15,700,000
- Square Footage: 69,855
- Price Per Square Foot: $225
- Address: 5500 Greenwood Plaza Blvd
- Market: Greenwood Village, CO
The sale of this office property was facilitated by CBRE. The brokers involved in the deal were Patrick Devereaux, James Brady, Campbell Davis, and Chad Flynn from CBRE.
Englewood 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
1.01%
Cash-on-Cash
-0.29%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93