California investor acquires single-tenant building for $3.07M

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Arapahoe County

Property Location: 5612 S. Parker Road, Aurora

Property Description: 4,940-sf retail building, YOC 2016, masonry construction & 25 parking spaces

Land Size: 27,769 sf

Sales Price: $3.07M, or $620.97 psf

Reception No.: D7044799

Grantor: Madison Pioneer Hills LLC, Jim Gallaugher, mgr., 425-889-9500

Grantee: 5612 South Parker Road Associates LLC, Arthur & Pamela Lewis, mgrs.,

925-228-7226, Martinez CA 94553-9649

Closing Date: 4/20

Comments: See APN: 2073-18-4-06-001. The land sold for $850,000, or $30.61 per square foot, March 31, 2016.

Comp of the Day is provided by John V. Winslow, president of Winslow Property Consultants. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.

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