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Property Market Group closes on 2nd parcel at Huron/W. 29th Avenue

Denver County

Property Location: 3000 Inca St., Denver

Property Description: vacant

Land Size: 22,760 sf

Sales Price: $3.19M, or $140.25 psf

Reception No.: 2018056371

Closing Date: 5/10

Grantor: Westfield-ProspectLLLP, Randy M. Schwartz, mgr.

Grantee: ENR Denver Investment 2.0 LLC, c/o Noah Gotileb, mgr., 630-273-1260, 308 W. Erie, Suite 400, Chicago 60654

Comments: This sale contains a vacant lot and reflected a 25-year lease, which calls for 173 parking spaces on the 22,760-sf parcel of land. See APN: 02278-04-229. This sale is related to the sale dated 11-1-2017 between the same parties for a property located directly north of this property that sold for $150 per square foot, or $6.88M. The sum total is $10.07M for 1.57 acres, or $146.77 psf.

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.