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Granite Depot snags central Denver warehouse for $2.4 million

Denver County

Property Location: 2605-2625 W. 8thAve., Denver

Property Description: 18,950-sf warehouse (7,317-sf office area), YOC 1973, updated in 1987, three dock doors and one drive-in (10’x14’), 18’ ceiling height

Land Size: 28,000 sf

Sales Price: $2.4M, or $126.65 psf

Reception No.: 2018140785

Closing Date: 10-31

Grantor: Greenwood Enterprises LLC (Greg Greenwood, mgr.)

Grantee: 2605 W. 8thAve LLC (Kiyomars Beizaei, mgr.)

Comments: Buyer is president of Granite Depot Inc., 303-329-6322. This transaction was handled by Russell Gruber of Gruber Commercial, 720-490-1442. Property was listed for $7.75 psf NNN or for sale at $2.5M.

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.