Castle Rock Sam’s Club ground lease closes for $6.3 million
Douglas County Property Location: 5940 Promenade Road, Castle Rock Property Description: 136,482-sf, single-story big box Sam’s Club, YOC 2017, masonry construction plus 192-sf service station with pumps Land Size: 16.435 acres Sales Price: $6.3M Reception No.: 2018054793 Closing Date: 9/7 Grantor: Imperial Locust (Promenade Castle Rock, Alberta Development, Don Provost) Grantee: Brock Associates III LLC (Andrew Brock,…
John Winslow
October 4, 2018
Park Burger snags location in Washington Park
Denver County Property Location: 1066 S. Gaylord St., Denver “Park Burger” – Washington Park Property Description: 5,250-sf restaurant/tavern, YOC 2009, masonry Land Size: 5,670 sf Sales Price: $2.38M, or $452.38 psf Reception No.: 2018114926 Closing Date: 9/7 Grantor: 1066 South Gaylord LLC (Jennifer Carpanini, mgr.), c/o Tavern Hospitality Group, 303-733-0350 Grantee: Ten 66 South Gaylord LLC (Jean…
John Winslow
October 3, 2018
Seller executes 1031 exchange from townhomes to retail center
Adams County Downleg of 1031 exchange - Sale of 30 townhomes at E. 121stAve. & Colorado Blvd., Thornton Property Location: 3783-3799, 3811-21-23-25-33-35-37-39-41-45-69-3875 E. 121stAve., Thornton Property Description: 30 two-story townhomes ranging from 1,068 to 1,319 sf, YOC 1985-2001, wood frame construction, 12 with single-car garages, all with basements ranging from 399 to 640 sf, total…
John Winslow
October 2, 2018
Del Taco restaurant sells to Arizona Investor for $3 million
Arapahoe County Property Location: 24023 E. Prospect Ave., Aurora Property Description: 2,361-sf fast-food restaurant, YOC 2005, masonry Land Size: 58,806 sf Sales Price: $3M, or $1,271 psf Reception No.: D8085178 Closing Date: 8/22 Grantor: Lawrence Lee, 141078 Ventura Blvd., Sherman Oaks, CA 91423 Grantee: Colorado Del Holdings LLC (Brent A. Veach, mbr.), Scottsdale, AZ 85255 Financing: $3.58M…
John Winslow
September 24, 2018
Kimco to start redevelopment of Village on the Park center
Kimco Realty Corp. is undertaking an approximately $14.5 million redevelopment of its Village on the Park shopping center in Aurora.
Jolene Wollett
September 23, 2018
Gabriel’s restaurant building in Sedalia sells for $1.37M
Denver County Property Location: 5450 Manhart, Sedalia Property Description: 6,630-sf restaurant, YOC 1907, frame, renovated 2004 Land Size: 1.205 acres Sales Price: $1.37M, or $205.88 psf Reception No: 20180 Closing Date: 8/6 Grantor: Matthew Earl Bundy, Sedalia 80135 Grantee: 5450 Manhart Holdings (Charles Briggs, mgr.), Lakewood 80232 Financing: $1.62M SBA loan payable to MidWestOne Bank Comments: Lots…
John Winslow
September 12, 2018
Single-tenant, net-leased properties sought by investors
A 4,995-sf Buffalo Wild Wings restaurant at 8350 W. 80th Ave. in Arvada sold for $1.42 million.
CREJ
September 9, 2018
Texas developer snags 1.15-acre site in Thornton
Adams County Property Location: SWC E. 120thAve. & Holly St. Property Description: Vacant retail site, plan to build 8,300-sf strip center anchored by Kum & Go Land Size: 50,312 sf Sales Price: $737,339, or $14.66 psf Reception No.: 63104 2018 Closing Date :8/6 Grantor: 120thHolly St. LLC, Rick Neistat & DND (Dory Doud), mgrs. Grantee: VRE…
John Winslow
September 7, 2018
Complex 1031 reverse exchange yields $3.7 million Aurora building
Arapahoe County Property Location: 10180 E. Colfax Ave., Aurora Property Description: 56,281-sf multilevel commercial building, including 26,504-sf showroom area, 14,994-sf retail/mezzanine area and 14,783-sf unfinished area on the third and fourth levels, YOC 1952, renovated 2016 Land Size: 44,983 sf Sales Price: $3.7M, or $4.47 psf Reception No.: D8069620 Closing Date: 7/12 Grantor: 10180 E. Colfax LLC…
John Winslow
September 6, 2018
Infinity Communities acquires 43,283-sf site for $7.04M
Denver County Property Location: NEC Zuni St. & W. 31st Ave. (2331 W. 31st Ave. & 3130 Zuni St.) & 3125 Wyandot St. Property Description: Land value, misc. improvements Land Size: 43,283 sf Sales Price: $7.04M, or $162.74 psf Reception No.: 2018097436 Closing Date: 8/2 Grantor: State of Colorado, Don Brown, 303-869-9000 Grantee: The Zuni31 LLC, c/o…
John Winslow
September 5, 2018
