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High-demand Denver industrial buildings command large dollars

Denver County

Property Location: 5145 N Clarkson St.

Property Description: 2,240-sf office/warehouse (630-sf office area), YOC 2006, metal construction, two-drive-in doors (10’ x 10’) with 12’ clear height

Land Size: 9,355 sf

Sales Price: $550,000, or $245.54 psf

Reception No.: 2018146175

Closing Date: 11/13

Grantor: Blackwater LLC (Christopher J. Chapin, mbr.)

Grantee: Drew Bisping 303-789-4759

Financing: Cash

Comments: Listed by Russell Gruber of Gruber Commercial Real Estate Services, 720-490-1442. Buyer’s company, BluSky Restoration Contractors, will occupy the building. The building sold in January 2015 for $312,000. Small industrial buildings in the Denver regional industrial market are rare and in high demand.

Property Location: 1201 N Pecos St., Denver

Property Description: 5,328-sf office warehouse (630 sf office area), YOC 2006, metal construction, one drive-in door, one dock-high door, 10’-17’ clear height

Land Size: 10,845 sf

Sales Price: $999,000, or $181.50 psf

Reception No.: 2018146175

Closing Date: 11/9

Grantor: 1201 Pecos LLC (Hamid David Motarjemi, mbr.)

Grantee: Tim Wieser & Jeff Behrens, 38003-534-5443

Financing: $800,000 payable to seller, due 11-6-2043

Comments: Listed by Steve Serenyi & Tyler Ryon of Colliers. The buyers own Peak Environmental Inc. and will relocate to this building in the near future. This property sold in July 2018 for $850,000 to a Colorado LLC with Hamid David Motarjemi as manager. This is a price increase of 17.53% in 4 months.

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.