Marcus & Millichap Brokers $1.9M Sale Of Centennial, CO Office Building
6886 South Yosemite Street
$1,900,000
$123/SF
Building Size
15,377 SF
Asset Type
Office
Closing
May 30, 2024
AI
The Office at Yosemite, located at 6886 South Yosemite Street in Centennial, CO, was recently sold for $1,900,000. Spanning 15,377 square feet, the office building was brokered by Marcus & Millichap, with Brandon Kramer and Chadd Nelson representing the seller. The property is situated near Fiddler’s Green Amphitheatre and the Arapahoe Entertainment District.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $1,900,000
- Address: 6886 South Yosemite Street
- Market: Centennial, CO
- Square Footage: 15,377
- Price per Square Foot: $124
- Brokers: Brandon Kramer & Chadd Nelson - Marcus & Millichap
Brandon Kramer and Chadd Nelson, representing Marcus & Millichap, facilitated the $1.9 million sale of The Office at Yosemite. The sale of the Centennial office building near Denver was brokered by this experienced team, showcasing their expertise in commercial real estate transactions.
Players
Centennial 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
8.35%
Cash-on-Cash
-2.39%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93