Rejuvenated Northglenn retail center sells for $4.35M

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Adams County

Property Location: 1000 W. 104thAve., Northglenn

Property Description: 57,442-sf retail building, YOC 1978, to be renovated prior to occupancy of the space

Land Size: 4.5 acres

Sales Price: $4.35M, or $75.73 psf

Reception No.: 55801 2018

Closing Date: 7/11

Grantor: Evergreen – 104thand Huron LLC (Doug Leventhal, mgr.)

Grantee: MNG II LP, c/o Midtown National Group, 858-546-0033, 415 S. Cedros Ave., Suite 240, Solana Beach, CA 92075

Comments: Lot 3, Amended plat of portion of Block 34, Heftler Homes- Hillcrest 6thFiling. Daron C. Young, CEO, and Brian C. Malk are principals with the buyer. A 21,773-sf neighborhood grocery store and a 35,669-sf AutoZone mega hub will locate into this building. City of Northglenn is 303-451-8326. SullivanHayes Brokerage listed the property. Crosbie Management Services will be working with the buyer.

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.

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