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Six-tenant retail center snagged by Denver investor for $2 million

Broomfield County

Address: 555 U.S. Highway 287, Broomfield, “Park Plaza Commons”

Colliers International Bluff 300 x 250

Improvements: 12,407-sf, single-story, six-tenant retail building, YOC 1967

Date of Recording: 12/1

Reception No.: 2017014798

Bryan Construction February 2023 Banner 300 x 250

Price: $2M, or $161.20 psf

Grantor: J&Y Capital Inc., Bokin IM, pres.

Grantee: Park Plaza Associates LLC, Eric R. Miller, mgr.

Namaste One Month Comp Banner

Financing: $1.54M payable to Academy Bank, N.A., Kansas City, MO

Comments: Listed by Marcus & Millichap, Barry Higgins & Brandon Kramer, this is a six-tenant center anchored by a doughnut shop, Allstate, Subway, Jimmie’s Lock and Key, and TQ Spa Massage.

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.