Address: 9409 Sheridan Blvd., Westminster, “Payless Shoes”
Improvements: 3,816-sf retail building, YOC 1995, masonry
Land Size: 24,829 sf
Date of Recording: 1/5
Reception No.: 20180002492
Price: $835,000, or $218.81 psf
Grantor: L. Lane Loyko, Trustee, & Phyllis Atterbury Trust
Grantee: CDG – Austin Bluffs LLC c/o CenterPointe Development, Matt Ladendorf, mgr., 602-448-8766, or Clint Jameson, 602-538-3637
Comments: This property is the down leg of a 1031 exchange for property at 4296 Austin Bluffs Pkwy. in Colorado Springs that sold for $2.5M. Buyer purchased property for mostly land value as tenant has less than two years until the end of its lease. See El Paso County deed, 2017092067 dated July 31.
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.