Adams County
Property Location: 6071 E. 72nd Ave., Commerce City, “Family Dollar”
Property Description: 7,880-sf retail building, YOC 2004, masonry with 31 spaces
Land Size: 33,541 sf
Sales Price: $1.23M, or $155.46 per sf
Reception No.: 2016000061569
Closing Date: 7/28
Grantor: 72nd Colorado LLC, Eleanor Anne Harrison, mgr.
Grantee: Peterman Investments LLC, Helen Peterman, mgr.
Financing: $860,000 payable to Bank of Denver, due 8-1-46
Comments: Tom Myers of Unique Properties Inc.-TCN Worldwide listed the property for $1.26M. This property sold on an in-place cap rate of 7.2%. There are five years remaining on the lease with four additional five-year options.
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.
