Colorado Utility Co. acquires 25,000 sf in north Denver for $1.4 million

Denver County

Property Location: E/S Cherokee St., approximately 50’ north of W. 43^rdAve.

Property Description: Vacant land

Land Size: 25,029 sf

Sales Price: $1.4M, or $139.53 per sf

Reception No: 2018073795

Closing Date: 6/14

Grantor: SFF Real Estate Investments LLC, c/o Central Street Capital Inc., Rob Salazar, mgr., 303-989-3900

Grantee: Public Service Co., aka Xcel Energy

Financing: Cash

Comments: Lots 3-12, Block 2, Burlington, city of Denver. The land has 250.29’ of frontage on Cherokee Street and is 50 feet north of West 43^rdAvenue.

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.