Property Location: 5891 Marion St., Denver
Property Description: 12,000-sf warehouse, YOC 1979, metal construction
Land Size: 33,106 sf
Sales Price: $1.25M, or $104.17 psf
Reception No.: 2018000100251
Closing Date: 12-17-18
Grantor: Dubois Denver Property
Grantee: 5 Palm Properties LLC (M&N Plumbing Supply), Steve Morgan & Stephen M. Norton, mgrs., principals of M&N Plumbing, 303-308-1325)
Financing: $1.11M payable to Collegiate Peaks Bank, due 12-13-23
Comments: Tenant acquired property from landlord with $137,250 down payment.
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.