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Englewood industrial building fetches more than $113 per square foot

Comp of the Day handshake image

Arapahoe County

Property Location: 3955 S. Mariposa St., Englewood

Property Description: 7,140-sf industrial building, YOC 1972, two drive-in doors, brick construction

Land Size: 9,583 sf

Sales Price: $810,000, or $113.44 per sf

Reception No: D6053871

Closing Date: 5/24

Grantor: A2Z Industrial Properties LLC, Tim Goldstein & Karen Goldstein, mbrs.

Grantee: 3955 S. Mariposa LLC, Warren W. Maxwell & Darin B. Russell, mbrs.

Financing: $412,337 payable to FirstBank @ 4.75%, due 6-1-31

Comments: APN: 2077-04-4-06-007. Listed and sold by Mark Goodman, Paul Schneider & Chase Grimes of Pinnacle Real Estate Advisors. The buyer owns Maxco Innovative Builders, 720-358-5941, www.maxcobuilders.com

Comp of the Day is provided by by John V. Winslow, president of WinComps LLC. Winslow has more than 40 years’ experience in commercial real estate. He can be reached at 720-612-7878 or Colprop2012@gmail.com.