Stan Johnson Co Sells 2.6 Acre Office Property In Arvada, CO For $3M
SOLD
$3,000,000
Colorado
See Similar DealsOffice28,492 SF
Sold 05/31/2022
SOLD
Stan Johnson Co Sells 2.6 Acre Office Property In Arvada, CO For $3M
6850 West 52nd Avenue, Arvada, Colorado 80002, United States
See Similar DealsOffice28,492 SF
Sold 05/31/2022
Summary
COLORADO
Asset Type:Office
Price Per Square Foot:$105
Total Square Footage:28,492 SF
Transaction Type:Sale
The office property located at 6850 W 52nd Ave in Arvada, CO has been sold for $3,000,000. The property spans across 2.6 acres and has a total area of 28,492 square feet. The sale price per square foot was $105. The transaction was facilitated by Craig Tomlinson from Stan Johnson Co.
Summary of transation details
- Property Type: Office
- Transaction Amount: $3,000,000
- Location: 6850 W 52nd Ave, Arvada, CO
- Market: Arvada, CO
- Acres: 2.6
- Square Feet: 28,492
- Price per Square Foot: $105
Craig Tomlinson from Stan Johnson Co represented the parties involved in this transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$160,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$10,658.36
Cash-on-Cash Return-1.27%
Monthly Debt Service$14,221.53
Annual Debt Service$170,658.37
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