Adams County
Property Location: 3053 W. 104thAve., Westminster, “Lodo’s Bar & Grill
Property Description: 8,909-sf restaurant/sports bar, YOC 2007
Land Size: 2 acres
Sales Price: $2.59M, or $290.16 psf
Reception No.: 2018000103634
Closing Date: 12-17
Grantor: Grove Street Land Company LLC (Christopher Myers, mbr.)
Grantee: MCSV 3053 West 104thAvenue LLC (Kenneth Monfort, mgr.)
Financing: $18.7 million payable to U.S. Real Estate Credit Holdings III-A, LP
Comments: Buyer will operate the sports bar and grill at this location. The deed of trust encumbers other properties. This is one of three Lodo’s that Monfort acquired in December 2018.
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.
