Property Location: 1882 S. Pearl St., Denver
Property Description: 7,161-sf retail center, YOC 1925
Land Size: 10,937 sf
Sales Price: $1.95M, or $272.31 psf
Reception No.: 2017055185
Grantor: RMTO LLC, William R. Tobey Jr., mgr.
Grantee: Failyau Properties LLC, Phillippe Failyau, mgr.
Closing Date: 4/26
Financing: $1.56M payable to MidFirst Bank, due 4-26-2027
Comments: Tenants include Sweet Cow (ice cream), Pearl Wine Co., Washington Park Profile. The Park Burger, a restaurant in the building, is owned by the grantee, Jean-Philippe Failyau. Property is located across the street from the Denver Folklore Center.
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.