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North Denver/Interstate 70 industrial building sells to Littleton investor for $52.84 per sf

Denver County

Property Location: 4650 Steele St., Denver

Property Description: 108,828-sf warehouse, including 12,600-sf office space on two levels, 14’ to 22.3’ clear ceiling height, four dock doors, seven drive-in doors; site is paved/fenced, wet sprinkled

Land Size: 6.41 acres

Sales Price: $5.75M, or $52.84 psf

Reception No.: 2016181416

Grantor: Perschbacher Investments LLC, Don Perschbacher, mgr.

Grantee: Steele 70 LLC, John Scott Swenson, mbr.

3220 W. Lake Ave., Littleton 80123

Closing Date: 12/27

Financing: $5.08M @ 3.5% payable to seller, 120 months $14,805 per month Comments: Listed by Bruce Johnson, 303-302-1611, Mike Statter, 303-225-8027, & Matt Burton, 303-302-1625 of Cresa

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.