Douglas County
Property Location: 8648 S. Peoria St., Englewood
Property Description: 63,550-sf industrial building (9,530 sf office area), 20 dock-high doors, two drive-in doors, 24-foot-clear ceiling, ESFR fire sprinklered, YOC 2018
Land Size: 4.765 acres
Sales Price: *$10.17M
Reception No.: 2018070295
Closing Date: 11/15
Grantor: IBC Holdings (Brian C. Mott, mgr.), 303-674-1300
Grantee: Samaritan’s Purse (Phyllis T. Payne VP), 828-262-1980
Comments: Listed and sold by Newmark Knight Frank David Lee & Jason Addlesperger. This property is located on the southwest corner of S. Peoria St. & James E. Casey Ave. A news story reported in the Colorado Real Estate Journal reflected a sales price of $11.39 Million, or $179.16 psf, while the Douglas County Clerk and Recorder show $10.17M, or $160 psf. Jim Bolt of CBRE represented the buyer in the transaction.
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.