Owner-user pays $106 per square foot for northeast Denver warehouse

Denver County

Property Location: 10645 E. 47^thAve., Denver

Property Description: 13,631-sf warehouse, YOC 1968, brick construction

Land Size: 25,100 sf

Sales Price: $1.45M, or $106.38 psf

Reception No.: 2018125767

Closing Date: 10/3

Grantor: MCCain LLC (Douglas McCain, mgr.)

Grantee: Mountain Building LLC (Todd Schrader, mbr.), 10645 E. 47^thAve., Denver

Financing: $736,750 payable to BOKF, NA, dba Colorado State Bank & Trust, due 10-3-2028

Comments: Listed by Marc Lippitt of Unique Properties Inc.-TCN Worldwide, 303-321-5888. Buyer owns Mountain Packaging Inc., 303-292-5500 and possibly plans to relocate to this property.

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.