Kevin Calame And Matt Lewallen Of NorthPeak Commercial Advisors Represent Buyer In $4.8M Woodmen CTR HTS Sale
7858 Woodmen CTR HTS, Colorado Sp...
$4,800,000
$480/SF
Building Size
10,000 SF
Asset Type
Retail
Closing
Jan 12, 2023
About this deal
AI
A retail building was purchased for $4.8 million located at 7858 and 7946-8012 Woodmen Center Heights in Colorado Springs, boasting a total square footage of 10,000. The price per square foot for this property was recorded at $480.
Summary of transaction details:
- Property Type: Retail Building
- Transaction Amount: $4,800,000.00
- Square Footage: 10,000
- Address: 7858 Woodmen CTR HTS, Colorado Springs, CO
- Buyer's Representatives: Kevin Calame - NorthPeak Commercial Advisors, Matt Lewallen - NorthPeak Commercial Advisors
- Seller: Undisclosed
The transaction included participation from NorthPeak Commercial Advisors, with Kevin Calame and Matt Lewallen acting as the broker representatives for the undisclosed buyer in this successful acquisition.
Players
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
3.30%
Cash-on-Cash
-0.94%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93