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607 19th Street

JLL's Kurt Liss Represents Buyer In $3.8M Golden, CO Office Sale
SOLDOffice

JLL's Kurt Liss Represents Buyer In $3.8M Golden, CO Office Sale

607 19th Street

$3,800,000

$315/SF

Building Size

12,031 SF

Asset Type

Office

Closing

Mar 27, 2024

AI

The sale involved a single-tenant office building located at 607 19th Street in Golden, CO. The property was sold for $3.8 million, translating to $315.85 per square foot. The transaction took place on March 27, 2024, with the buyer represented by Kurt Liss from JLL and the seller's representation by Brett MacDougall & Michael DeSantis.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,800,000
  • Address: 607 19th Street
  • Market: Golden, CO
  • SF: 12,031
  • Price per SF: $316
  • Buyer's Rep: Kurt Liss - JLL
  • Seller's Rep: Brett MacDougall & Michael DeSantis

DS Real Estate LLC facilitated the undisclosed buyer's acquisition of the office building in Golden, Colorado. The deal was successfully closed at a competitive price point, showcasing a seamless transaction process led by the respective real estate representatives.

Players

Brett MacDougall

Unique Properties

Broker

$14.9M

vol

5 deals

Broker

Golden 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

4.17%

Cash-on-Cash

-1.19%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93