Denver, CO – January 9, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 7858 and 7946-8012 Woodmen Center Heights, Colorado Springs, CO 80908.
Kevin Calame and Matt Lewallen of NorthPeak Commercial Advisors represented the buyer in this transaction.
“The buyer has purchased properties from this developer in the past and felt this was another great opportunity to own quality real estate in a booming area of Colorado Springs. This was a 1031 exchange from an industrial multi-tenant where my client sold at a 6% cap rate into this brand new multi-tenant retail at a 6.7% NNN asset.”
– Kevin Calame, NorthPeak Commercial Advisors.
For more information on this investment or current market conditions, please contact Kevin Calame at 303-263-6260 or Kevin@NorthPeakCRE.com.
SALE HIGHLIGHTS
- Address: 7858 and 7946-8012 Woodmen Center Heights, Colorado Springs, CO 80908
- Sale Price: $4,800,000
- Closed Date: January 4, 2022
- Property Size: 10,000 SF ($480/SF)
- Property Type: Retail
