Next-door neighbor in Commerce City acquires 12,672-sf warehouse

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Adams County

Property Location: 4960 Locust St., Commerce City

Property Description: 12,672-sf warehouse, YOC 1962, twin-tee concrete

Land Size: 1.43 acres

Sales Price: $2.4M, or $189.39 psf

Reception No.: 77063

Closing Date: 9/21

Grantor: 4960 Locust CO LLC (Mariann Gullo-Krewenka, et al.)

Grantee: 4936 Locust LLC (Eric Stern, mgr.)

Financing: $1.92M payable to First Citizens Bank & Trust, due 9-21-33

Comments: Buyer is Eric Stern, president of Colorado Crete, 303-227-0777, who purchased this property for expansion for his facility at 4936 Monaco St., Commerce City, www.coloradocrete.net. Property was listed by Ron Webert of Lee & Associates, 303-501-8777. This building was vacant and was a former bus maintenance facility. There are four loading docks with ceiling heights of 18’ to 20’.

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.

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