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Rock Creek Wine & Spirits acquires REO property for new location in Superior

Boulder County

Property Location: 1697 Coalton Road, Superior

Property Description: 6,396-sf retail building, YOC 2001

Land Size: 1.33 acres

Sales Price: $1.06M, or $165.10 per sf

Reception No.: 03534000

Closing Date: 7/25

Grantor: Liberty Capital Inc., Joseph Hoskins, SVP

Grantee: Superior Liberty LLC, Tuyen Vu & Tran Le, mgrs.

Financing: $1.07M (construction & SBA loan) payable to Seacoast Commerce Bank of San Diego, 92128

Comments: Buyers will relocate their business, Rock Creek Wine & Spirits, to 1697 Coalton Road from 1611 Coalton Road. This property was listed by Cobey Wess, Rhett Strom & Kim Meyer of SVN/Denver Commercial, 970-744-4239. This sale was an REO transaction. Suite A was quoted for lease at $14 per sf & Suite C was quoted at $16 per sf triple net. The property is anchored by the Safeway store in the Rock Creek Village Shopping Center. Dr. Michael Bailey, DDS, occupies Suite C with a lease that commenced Nov. 20, 2008.

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.