Just Sold: Englewood Industrial Property Sells for $139/SF

Denver, CO – April 28, 2023 – NorthPeak Commercial Advisors is pleased to announce the sale of 3701 S Kalamath St., Englewood, CO, 80110.

Jack Sherman and Hunter Schaefer of NorthPeak Commercial Advisors represented the buyer and seller in this transaction.

“After 20 years of ownership, the Sellers decided it was time to exchange their investment into a turn-key NNN asset to achieve truly passive income on their equity. The Buyer was able to purchase at a competitive price per SF in a growing neighborhood by offering a quick close with cash which really set him apart from other buyers while we are in this tough lending environment.”

– Jack Sherman, NorthPeak Commercial Advisors.

For more information on this investment or current market conditions, please contact Jack Sherman at 303-903-9638 or Jack@NorthPeakCRE.com.

SALE HIGHLIGHTS

  • Address: 3701 S Kalamath St., Englewood, CO, 80110
  • Sale Price: $1,720,000
  • Closed Date: April 28, 2023
  • Property Size: 12,388 SF ($139/SF)
  • Property Type: Industrial

NorthPeak Broker Team