Property Location: 1540 El Paso Blvd, Denver
Property Description: 5,000-sf office building, YOC 1968, masonry construction
Land Size: 18,295 sf
Sales Price: $660,000, or $132.00 per sf
Reception No.: 2016000071652
Closing Date: 8/29
Grantor: MG & MM LLC, Michael Gudenkauf, mgr.
Grantee: TandS EP LLC, Harvey Thoutt, Brian Thoutt & Ched J. Thoutt, mgrs.., 1540 El Paso Blvd., Denver 80221
Financing: $574,000 payable to JPMorgan Chase Bank
Comments: See APN: 01719-33-4-13-001. Property formerly was occupied by Rocky Mountain Microfilm, which was the seller’s company. See next sale for downleg of 1031 exchange.
Property Location: 9164 Marshall Place, Westminster
Property Description: 10,010-sf industrial building, 16-foot-clear, with 24 parking spaces, YOC 91
Land Size: 33,741 sf
Sales Price: $1.3M, or $129.87 per sf
Reception No.: 2016091084
Closing Date: 9/8
Grantor: Highland Properties 1716 LLC, Kelly James Lacert, mgr., intermediary for Lake Arbor Associates Ltd.
Grantee: MG&MM LLC, Michael Gudenkauf, mgr. & pres. of Rocky Mountain Microfiche, 9164 Marshall Place, Westminster 80031, 303-427-0625
Comments: See APN: 29-243-01-015. The buyer has a company named Rocky Mountain Microfilm and recently sold 1540 El Paso in a 1031 exchange. 1540 El Paso sold for $660,000. There is 16,400 sf of storage yard, of which 13,000 sf, plus or minus, is paved. The property was listed by Chris Ball, SIOR, CCIM, 303-312-4280, & Tyler Smith, CCIM, SIOR, 303-312-4296. The buyer has already moved into the building. See www.rmm-i.com
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.