facebook
Traded Co logo
Submit
Daily limit: 0/10

Cadence Capital Sells Retail Property In Wheat Ridge, CO For $8.8M

Property Image
SOLD
$8,800,000

Colorado

See Similar Deals
Retail4,650 SF
Sold 01/16/2024
the dealplayerscompscontact
Property Image
SOLD

Cadence Capital Sells Retail Property In Wheat Ridge, CO For $8.8M

4400 Harlan Court

See Similar Deals
Retail4,650 SF
Sold 01/16/2024
the dealplayerscompscontact
Contact now

Summary

COLORADO
Asset Type:Retail
Price Per Square Foot:$1,892
Total Square Footage:4,650 SF
Transaction Type:Sale

A newly developed retail property located at 4400 Harlan Court in Wheat Ridge, Denver, CO has been sold in a recent transaction. Situated on a 1.3-acre plot, this retail asset spans 4,650 square feet. The property was acquired by a California-based family office from Cadence Capital at a sale price of $8,800,000. The retail space is currently occupied by 7-Eleven and features the new Laredo Taco quick-service restaurant concept.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $8,800,000
  • Address: 4400 Harlan Court, Wheat Ridge, Denver, CO
  • Market: Denver, CO
  • Acres: 1.3

The sale of this retail property was facilitated by SRS Real Estate Partners. Ryan Tomkins from SRS Capital Market acted as the broker in the transaction, representing Cadence Capital, the seller. The buyer was represented by Karl Siegling from Cadence Capital.

Players

Ryan Tomkins
SRS Real Estate Partners
Ryan Tomkins
3 deals$30.3M volume(858) 603-8436
BROKER
CC
Cadence Capital
SELLER

Details

SOLD
IMAGE: Karl Siegling & Ryan Tomkins DATE: 01/16/2024 ADDRESS: 4400 Harlan Court MARKET: Denver, CO ASSET TYPE: Retail ~ ACRES: 1.3 SELLER: Karl Siegling - Cadence Capital BROKER: Ryan Tomkins - SRS Capital Market SALE PRICE: $8,800,000 SF: 4,650 ~ PPSF: $1,892 NOTE: SRS Real Estate Partners facilitated the sale of a newly developed retail property at 4400 Harlan Court in Wheat Ridge. The 4,650-square-foot asset, occupied by 7-Eleven and featuring the new Laredo Taco quick-service restaurant concept, was sold by Cadence Capital to a California-based family office for $8.8 million.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$469,333.32

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$31,264.56
Cash-on-Cash Return-1.27%
Monthly Debt Service$41,716.49
Annual Debt Service$500,597.87