Corey Sandberg Of Pinnacle Real Estate Advisors Represents Seller In $1.2M Denver Retail Sale
$1,200,000
$870/SF
Building Size
1,378 SF
Asset Type
Retail
Closing
Feb 17, 2025
About this deal
AI
The property asset involved in this transaction is a retail space located at 472 N Broadway in Denver, CO, consisting of 1,378 square feet. The sale price for this asset was $1,200,000, which amounts to a price per square foot of $871.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 472 N Broadway
- Market: Denver, CO
- Square Footage: 1,378 SF
- Price per Square Foot: $871
- Seller: SCI – 472 Broadway LLC
- Broker: Corey Sandberg - Pinnacle Real Estate Advisors
Pinnacle Real Estate Advisors facilitated the transaction on behalf of Sharing Connexion Inc., with Corey Sandberg representing the seller, SCI – 472 Broadway LLC, throughout the sale process.
Market 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
13.22%
Cash-on-Cash
-3.78%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93