SOLDRetail
DoubleBay Partners & Midloch Investment Partners Sell Retail Property In Longmont For $13.9M
1630 Pace Street
$13,900,000
$248/SF
Building Size
56,000 SF
Asset Type
Retail
Closing
Jan 13, 2026
AI
A retail property located at 1630 Pace Street in Longmont, CO, was sold for $13.9 million. The property has a total area of 56,000 square feet and was sold at a price per square foot of $248.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $13,900,000
- Address: 1630 Pace Street
- Market: Longmont, CO
- Square Footage: 56,000
- Price Per Square Foot: $248
- Buyer: DoubleBay Partners & Midloch Investment Partners
- Tenant: VASA Fitness
- Brokers: Mark Thiel & Cory Gross - Marcus & Millichap
Mark Thiel and Cory Gross from Marcus & Millichap represented the transaction. The buyer was not disclosed in the details provided.
Players
Longmont Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.14%
Cash-on-Cash
-0.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93