Kevin Calame And Matt Lewallen Of NorthPeak Commercial Advisors Represent Buyer In $4.8M Woodmen CTR HTS Sale
SOLD
$4,800,000
National
See Similar DealsRetail10,000 SF
Sold 01/12/2023
SOLD
Kevin Calame And Matt Lewallen Of NorthPeak Commercial Advisors Represent Buyer In $4.8M Woodmen CTR HTS Sale
7858 Woodmen CTR HTS, Colorado Sp...
See Similar DealsRetail10,000 SF
Sold 01/12/2023
Summary
Asset Type:Retail
Price Per Square Foot:$480
Total Square Footage:10,000 SF
Transaction Type:Sale
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.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$256,000.01
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$17,053.38
Cash-on-Cash Return-1.27%
Monthly Debt Service$22,754.45
Annual Debt Service$273,053.39
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