Father and son commercial brokers sell Englewood flex building

Arapahoe County

Property Location: 2107 W. College Ave., Englewood

Property Description: 15,600-sf, two-story flex building, YOC 1981, block const.

Land Size: 0.927 acres

Sales Price: $1.7M, or $108.97 psf

Reception No.: D8049392

Closing Date: 5/18

Grantor: Englewood West College Ventures LLC, Chad Harris, mgr.

Grantee: Velo3 Properties LLC, Grant K Dunkle, mgr.

Comments: Listed by Mike Wafer & Mike Wafer Jr. of Newmark Knight Frank. The property was listed for $2.05M in March 2018. The property is currently 100% office space but can be converted to 50% warehouse space. The asking lease rate was $10.50 psf NNN. There are 45 parking spaces, one dock-high door and one drive-in door. There is a storage area toward the rear of the building.

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.