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Del Taco restaurant sells to Arizona Investor for $3 million

Arapahoe County

Property Location: 24023 E. Prospect Ave., Aurora

Property Description: 2,361-sf fast-food restaurant, YOC 2005, masonry

Land Size: 58,806 sf

Sales Price: $3M, or $1,271 psf

Reception No.: D8085178

Closing Date: 8/22

Grantor: Lawrence Lee, 141078 Ventura Blvd., Sherman Oaks, CA 91423

Grantee: Colorado Del Holdings LLC (Brent A. Veach, mbr.), Scottsdale, AZ 85255

Financing: $3.58M due 9-1-28, payable to JPMorgan Chase Bank, NA

Comments: Lot 3, Block 1, Southlands Subdivision Filing No. 7. There is approximately 12 years remaining on the lease

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.