Property Location: 110 Old Laramie Trail, Lafayette
Property Description: 4,150-sf medical office building, YOC 2016, masonry
Land Size: 7,413 sf
Sales Price: $1.57M, or $378.31 psf
Reception No.: 3695329
Closing Date: 1/18/2019
Grantor: Creekside 110 LLC (Hans Brutsche, mgr.)
Grantee: 110 Old Laramie LLC (80%), Charles P. Rahe, mgr.; & GR Group LLC (20%), Emily Greenberg , mgr., 650 S. Lashley Lane, Boulder
Financing: $940,000 payable to Wells Fargo Bank, NA, due 10 years
Comments: Lot 1B, Creekside Minor Sub, Replat A plus nonexclusive 15.83% interest in common elements. Lease rates estimated to be $18.50 to $23.50 psf NNN, with expenses at $8.50 psf. See APN: 1575101-42-004.
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.