Arapahoe County
Property Location: 161 W. County Line Road, Littleton, “Goodwill & Dollar Tree”
Property Description: 42,416-sf retail building, YOC 1984, brick construction
Land Size: 4.32 acres
Sales Price: $6.2M, or $146.17 psf
Reception No.: D7062749
Grantor: Dusbabek Farms LLC, Peter S. Dusbabek, mgr.
Grantee: W5 Realty LP Alberta Canada, Wayne Scrivens, mgr., & J&B Colorado Holdings LP, Benjamin J. Scrivens, pres.
Closing Date: 6/1
Financing: $4.34M payable to MidFirst Bank
Comments: APN: 2077-34-3-15-001. Property was listed by Jared Goodman @ 970-690-4227, R.C. Myles, James Brady, Campbell Davis & Cole Herk of Cushman & Wakefield. This property sold on a 7.64% in-place cap rate with approximately 4.5 years remaining on the lease. Goodwill executed lease in February 2008 and Dollar Tree Stores Inc. executed its lease in March 2008. The building was formerly an Albertson’s store.
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.
