Boulder investors land professional office building in Arvada for $1.66 million

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Jefferson County

Property Location: 6390 Gardenia St, Arvada

Property Description: 10,471-sf, two-story office building, YOC 2000, brick/frame

Land Size: 41,927 sf

Sales Price: $1.66M, or $158.87 per sf

Reception No.: 2018021894

Closing Date: 3/7

Grantor: Wildflower Ponds Professional Office Park LLC, Roger R. Ladd, mgr.

Grantee: Golden Bear RE c/o Colorado Group, Jeff E. Levy, mgr., 720-722-1810

Financing: $1.17M payable to Alpine Bank, Boulder

Comments: New carpet in common area and new roof in 2015. Lease rates are quoted at $20 per sf full service. Property was listed by Bill Downes & Ron Catterson of Evergreen Commercial Group, 303-838-2000. The buyer was represented by the Colorado Group, Boulder.

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.

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