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Retail building near Englewood City Center sells for $230 per square foot

Arapahoe County

Property Location: 332-340 W. Hampden Ave., Englewood

Property Description: 8,684-sf retail building, YOC 1981, brick const.

Land Size: 20,000 sf

Sales Price: $2M, or $230.31 psf

Reception No.: D8049467

Closing Date: 5/18

Grantor: Ronald Parness, 303-781-6961

Grantee: 340 West Hampden LLC, Justin Ganoe, mgr.

Comments: This property was listed by Brian McKernan & Austin Berg of Unique Properties Inc. The buyer’s company, VaporLife, occupies space in the building. The listing broker shows there was 1,200 sf for lease @ $12 psf NNN plus $4 psf expenses.

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.