Mr Blue Sky LLC Acquires Retail Property In Pueblo, CO For $1.2M
609 South Pueblo Boulevard
$1,200,000
$131/SF
Building Size
9,100 SF
Asset Type
Retail
Closing
Jun 21, 2024
About this deal
AI
The retail property located at 609 South Pueblo Boulevard in Pueblo, CO, was recently sold for $1,200,000. The property spans 9,100 square feet, resulting in a price per square foot of $132. The transaction took place on 06/21/2024 and involved Mr Blue Sky LLC as the buyer, with Benjamin Farthing & Logan Grant from CBRE representing the buyer, and David Marulli & Mitch Trevey from Trevey Commercial Real Estate representing the seller.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $1,200,000
- Address: 609 South Pueblo Boulevard
- Market: Pueblo, CO
- Buyer: Mr Blue Sky LLC
- Buyer's Rep: Benjamin Farthing & Logan Grant - CBRE
- Seller's Rep: David Marulli & Mitch Trevey - Trevey Commercial Real Estate
Additionally, Marcus & Millichap facilitated a separate transaction involving a Taco John’s-occupied restaurant property near Milwaukee International Airport at 4650 S. 5th St., which was sold for $1.4 million. The specific details of this transaction were not further disclosed in the provided information.
Players
Pueblo Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Deal FAQ
Visit Benjamin (Ben) Farthing to view all their deals.
Browse Colorado retail sales on Traded.
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