Long-term Denver investor acquires restaurant with a 10-year lease
Denver County Property Location: 3500 Larimer St., Denver, “Hop Alley” restaurant Property Description: 5,158-sf restaurant, YOC 2000 Land Size: 6,244 sf Sales Price: $2.08M, or $403.26 per sf Reception No.: 2018009282 Closing Date: 1/24 Grantor: KOCV Fund I LLC, Chris Viscardi, mgr. Grantee: Arapahoe and Folsom Associates LLP, Rob Naiman, mgr., 303-534-5929, Denver 80202 Comments:…
John Winslow
February 7, 2018Sandstone Ranch in Larkspur sells for $18.75 million
Douglas County Property Location: Vicinity southwest corner Perry Park Blvd. & Highway 105, Larkspur, “Sandstone Ranch” Property Description: Ranch Land Size: 2,038 acres Sales Price: $18.75M, or $9,200 per acre Reception No.: 2018003933 Closing Date: 1/24 Grantor: AR Sandstone LLC by: Hearthstone Inc., David Brittain, SVP, 818-385-3698, or Mark Porath, CEO, 818-385-0005 Grantee: Douglas County…
John Winslow
February 6, 2018BLVD Builders acquires 27 townhome sites in Thornton
Adams County Property Location: Vicinity of NEC E. 98th Ave. & Washington St., Thornton Property Description: 27 townhome lots Land Size: 47,965-sf, ranging from 1,578 sf to 2,204 sf each, average 1,776 sf Sales Price: $1.42M, or $52,767 per lot or $29.70 psf Reception No.: 6885 2018 Closing Date: 1/19 Grantor: Black Feather Land LLC,…
John Winslow
February 5, 2018Horizons North Credit Union acquires pad site for in Westminster
Adams County Property Location: 13559 Huron St., Westminster Property Description: Vacant retail pad site Land Size: 1.16 acres Sales Price: $960,000, or $19 per sf Reception No.: 2018000005882 Closing Date: 1/18 Grantor: Retail Services Company LLC, Michelle Gayeski, mbr., 720-290-4447 Grantee: Horizons North Credit Union, 303-451-1146, Northglenn 80233 Financing: Cash Comments: Lot 3B, First Replat…
John Winslow
February 2, 2018Four Western Convenience stores sell for $7.98 million
Adams County Property Location: 2301 E. 88th Ave., Thornton, 2387 W. 72nd Ave., Westminster, 9190 Huron St., Thornton, 1351 E. Bridge St., Brighton Property Description: 1) 2,467-sf C-store, YOC 1987; 2) 1,054-sf C-Store, YOC 1966; 3) 1,713 sf C-Store and car wash, YOC 1971; 4) 2,625 sf C-Store & 1,000-sf car wash, YOC 2017 Land…
John Winslow
February 1, 2018California retail investor acquires Tamarac Shopping Center for $20 million
Denver County Property Location: 7777 E. Hampden Ave. & 3333 S. Tamarac St., Denver, “Tamarac Shopping Center” Property Description: 68,534-sf shopping center, YOC 1976 Land Size: 7.21 acres Sales Price: $20M, or $291.83 per sf Reception No.: 2017164598 Closing Date: 12/18 Grantor: AIP Properties #1 LP c/o DDR Grantee: Tamarac Shopping Center 17 A LLC…
John Winslow
January 31, 2018Ohio investment group snags 1980s apartments for $50 million
Arapahoe County Property Location: 4957 S. Prince Court, Littleton, “Summit Riverside Apts.” Property Description: 248-unit, three-story apartment with 198,032 rentable sf, YOC 1987, frame (22 studios, 144 one-bedroom units and 82 two-bedroom units) Land Size: 10.049 acres Sales Price: $50M, or $201,613 per door, or $252.48 psf Reception No.: D8007969 Density: 24.68 dwelling units per…
John Winslow
January 30, 2018Denver industrial property trades for $1.13 million
Denver County Property Location: 4925 E. 38th Ave., Denver Property Description: 6,712-sf industrial building, YOC 1956, masonry construction, heavy power and refrigeration/cooling Land Size: 18,002 sf Sales Price: $1.13M, or $167.61 psf Reception No.: 2018007665 Closing Date: 1/19 Grantor: John W. Campbell IV & Molly S. Campbell Grantee: RZ Boru Family Holding, Richard O’Brien, mgr.,…
John Winslow
January 29, 2018City and county of Denver closes on disputed property for $3.8 million
Denver County Property Location: 2645 W. Seventh Ave., Denver Property Description: 33,042-sf warehouse, YOC 1970, twin-tee construction, to be used for possible homeless shelter overflow Land Size: 1.145 acres Sales Price: $3.8M, or $115.00 psf Reception No.: 2017149981 Closing Date: 11/15/2017 Grantor: 2601-2605 W. 7th Ave LLC, Katherine B. Dudden, Bret Kaup, Amber Kaup Grantee:…
John Winslow
January 26, 2018Mile High Ambulance resuscitates Commerce City property
Adams County Property Location: 8451 Brighton Road, Commerce City Property Description: 9,600-sf industrial building with five drive-in doors, YOC 1996, metal construction; 4,000-sf office building, YOC 1968, metal construction; & 2,159-sf warehouse, YOC 1962, metal construction (total 15,759 sf - three bldgs.) Land Size: 1.553 acres Sales Price: $1.9M, or $120.57 psf Reception No.: 2018000006106…
John Winslow
January 25, 2018