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Dallas developer acquires site in northwest Denver for $1 million

Denver County

Address or Location: 3930 W. 38th Ave., Denver

Improvements: land value

Land Size: 11,986 sf

Date of Recording: 7/7

Reception No. D7077087

Price: $1M, or $83.43 psf (land value)

Grantor: Sonrisa Holdings LLC, Eugene R. Lucero, mgr.

Grantee: LG Perry 38th Highlands LLC c/o Leon Capital Group, 214-865-8082

Financing: Cash

Comments: The APN is 2301-04-001. There is a 2,927-sf restaurant building on the site with 25 parking spaces. Property was marketed by Ray Rosado, CCIM, 303-312-4217, of Cushman & Wakefield for land value. The buyer’s Denver representative for Leon Capital Group is John Debrovner, VP, 303-489-4744, or john@leoncapitalgroup.com.

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.