Denver, CO – May 16, 2022 – NorthPeak Commercial Advisors, LLC is pleased to announce the sale of 1560 N Sherman St Denver, CO 80203.
Kevin Calame and Matt Lewallen, Principals at NorthPeak Commercial Advisors, represented the seller in this transaction while Jack Sherman and Dan Hawthorne, Advisors at NorthPeak Commercial Advisors, represented the buyer.
“The Seller has enjoyed the cash flow from this property since 2017, but with compressed cap rates in single tenant retail, the seller decided to capture the increased equity and roll into another real estate investment opportunity.”
– 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: 5930 S Gun Club Rd., Aurora, CO 80016
- Sale Price: $3,420,000
- Sale Date: May 6, 2022
- Property Size: 8,651 SF
- Price / SF: $395
- Property Type: Retail