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Inverness retail condo sells to California investor for $12.19 million

Arapahoe County

Property Location: 10111 Inverness Drive West, Englewood

Property Description: 42,750-sf retail condominium space, YOC 2007

Land Size: 3.91 acres

Sales Price: $12.19M, or $285.14 psf

Reception No.: D8042555

Closing Date: 4/26

Grantor: VS Vallagio Holdings LLC, Larry E. Jennings Jr. mgr., 248-646-9200

Grantee: Prominence Enterprises LLC, Dr. May Tong, mgr., 714-556-8664

Financing: $7.97M payable to Public Service Credit Union

Comments: See APN: 2075-34-1-32-031 & 032. This building is anchored by Metropolitan Bar and Grill.

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.