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Downtown Littleton office building purchased

Arapahoe County

Property Location: 5524 S. Prince St.

Property Description: 4,239-sf office building, YOC 1905, wood frame const.

Land Size: 12,502 sf

Sales Price: $765,000, or $180.47 psf

Reception No.: D8049495

Closing Date: 5/21

Grantor: Arapahoe Mental Health, Keith Larson, CFO

Grantee: 5524 Prince LLC, c/o Frederic Exporting

Comments: This property was sold by Eric Shaw of Pinnacle Real Estate Advisors. The buyer will occupy a portion of the space and lease the remaining space to market tenants.

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.