Denver industrial property trades for $1.13 million

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Denver County

Property Location: 4925 E. 38th Ave., Denver

Property Description: 6,712-sf industrial building, YOC 1956, masonry construction, heavy power and refrigeration/cooling

Land Size: 18,002 sf

Sales Price: $1.13M, or $167.61 psf

Reception No.: 2018007665

Closing Date: 1/19

Grantor: John W. Campbell IV & Molly S. Campbell

Grantee: RZ Boru Family Holding, Richard O’Brien, mgr., 304 West Elm St., Louisville 80027

Financing: $1.3M payable to UMB Bank, NA

Comments: The fenced yard includes a sophisticated security system with 3-phased power; two ADA restrooms. Property is close to Colorado Boulevard rail station.

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 [email protected]

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