Property Location: 23903 E. Prospect Ave., Aurora
Property Description: 12,700 sf strip center, YOC 2005, brick
Land Size: 1.62 acres
Sales Price: $7.468M, or $588.03 psf
Reception No.: 2017009698
Grantor: BLC-II, Michael S. Mikolich, mgr., 321 Hartz Ave., No. 200, Danville, CA
Grantee: Southlands HV1 LLC, Philip E. Lebherz, mgr., LISI Inc., 866-570-5474,
1600 W. Hillsdale Blvd., Suite 100, San Mateo, CA 94402
Closing Date: 2/6
Financing: $4.1M payable to First Republic Bank, due 2-1-27
Comments: Listed by Transwestern. Property was 100% occupied at time of sale with five tenants.
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.