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
About this deal
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.
On the Map
$3,300,000
$253/SF
Retail
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Players
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