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Mazon Evans LLC Acquires Retail Properties In Denver For $1 Million With Brokers Jake Malman And Mark Pyms

Property Image
SOLD
$1,000,000
Jake Malman
Mark Pyms

Colorado

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Retail13,400 SF
Sold 12/10/2024
the dealplayerscompscontact
Property Image
SOLD

Mazon Evans LLC Acquires Retail Properties In Denver For $1 Million With Brokers Jake Malman And Mark Pyms

1135 East Evans Avenue & 2085 South Downing Street

See Similar Deals
Retail13,400 SF
Sold 12/10/2024
Jake Malman
Mark Pyms
the dealplayerscompscontact
Contact now

Summary

COLORADO
Asset Type:Retail
Price Per Square Foot:$74
Total Square Footage:13,400 SF
Transaction Type:Sale

The retail property at 1135 East Evans Avenue and 2085 South Downing Street in Denver, CO, has been sold for $1,000,000. The total square footage of the asset is 6,700, with a price per square foot of $149.

Summary of transaction details:

The transaction was facilitated by Malman Commercial Real Estate, with Jake Malman representing Mazon Evans LLC in the purchase, while Mark Pyms from Panorama Commercial Brokerage represented Downing & Evans LLP in the sale. This transaction reflects the brokerage efforts involved in closing the deal for the retail space.

Players

Jake Malman
Malman Commercial Real Estate
Jake Malman
11 deals$64M volume(720) 471-1763
BROKER
Mark Pyms
Panorama Commercial Brokerage
Mark Pyms
1 deal$1M volume(303) 996-0690
BROKER

Details

SOLD
IMAGE: 12/10/2024 ADDRESS: 1135 East Evans Avenue & 2085 South Downing Street MARKET: Denver, CO ASSET TYPE: Retail BUYER: Mazon Evans LLC SELLER: Downing & Evans LLP BUYER'S REP: Jake Malman - Malman Commercial Real Estate SELLER'S REP: Mark Pyms - Panorama Commercial Brokerage SALE PRICE: $1,000,000 SF: 6,700 ~ PPSF: $149 NOTE: Malman Commercial Real Estate facilitated the $1M sale of 1135 E. Evans Ave. and 2085 S. Downing St. in Denver, with Mazon Evans LLC acquiring the properties from Downing & Evans LLP. The 6,700-square-foot retail space deal was brokered by Jake Malman for the buyer and Mark Pyms for the seller.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$53,333.33

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$3,552.80
Cash-on-Cash Return-1.27%
Monthly Debt Service$4,740.51
Annual Debt Service$56,886.12