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76 Broadway

76 N Broadway LLC Purchases Retail Property At 76 Broadway In Denver For $3.3M
SOLDRetail

76 N Broadway LLC Purchases Retail Property At 76 Broadway In Denver For $3.3M

76 Broadway

$3,300,000

$253/SF

Building Size

13,000 SF

Asset Type

Retail

Closing

May 16, 2025

AI

The property asset involved in this transaction is located at 76 Broadway, Denver, CO. It is classified as a retail asset with a total square footage of 13,000. The transaction was completed for a sale price of $3,300,000, resulting in a price per square foot of $254.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $3,300,000
  • Address: 76 Broadway
  • Market: Denver, CO
  • Square Footage: 13,000
  • Price per Square Foot: $254
  • Buyer: 76 N Broadway LLC
  • Buyer's Representative: Paul Cattin - Platinum CRE
  • Seller's Representative: Todd Snyder - Kentwood Commercial

This transaction sees 76 N Broadway LLC as the buyer, represented by Paul Cattin from Platinum CRE. The seller was represented by Todd Snyder of Kentwood Commercial. The property features a mixed-use layout with retail space and 18 fully leased office suites, highlighting its versatility in the market.

Players

Paul Cattin

Platinum CRE

Broker

$22.4M

vol

5 deals

Broker
Platinum Commercial
Platinum CommercialBrokerage

Denver 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

4.81%

Cash-on-Cash

-1.37%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93