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Douglas County office/medical building sells for $5.45 million

Douglas County

Location: 9570 Kingston Court, Englewood

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Improvements: 33,204-sf, three-story office building, YOC 2002, masonry

Land Size: 2.30 acres

Date of Recording: 4/12

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Reception No.: 2018021700

Price: $5.45M, or $164.14 psf

Grantor: LTP Land Ventures LLC, Lloyd Herrera, mgr.

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Grantee: CLC Eagle Pointe Holdings LLC, c/o Christian Living Communities, Terry Rogers, CEO, 720-606-2440

Financing: $4.45M payable to Guaranty Bank & Trust, 4/12/2028

Comments: Property was listed by Randy Swearingen of Rise Commercial Real Estate Advisors, 303-521-7354. Tenants include Meridian Skin Care Center and South Denver Rheumatology; 16,602 sf was available. Lease rates stated at $20 to $22 psf. Buyer plans to relocate to this space from 7000 E. Belleview Ave.

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.