Stan Johnson Co Sells 2.6 Acre Office Property In Arvada, CO For $3M
6850 West 52nd Avenue, Arvada, Colorado 80002, United States
$3,000,000
$105/SF
Building Size
28,492 SF
Asset Type
Office
Closing
May 30, 2022
AI
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.
Players
Arvada 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
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93