Construction to start on Stapleton retail

The Shops at Beeler Park, situated on a site adjacent to Dick’s Sporting Goods Park, home of the Colorado Rapids, will feature a mix of pad sites and two multitenant buildings. 

Jennifer Hayes

January 20, 2019

50-year-old Englewood bar sold to Littleton investor for $480,000

Arapahoe County Property Location: 3142 W. Hampden Ave., formerly “Too Drinks Lounge” Property Description: 1,916-sf bar/restaurant, YOC 1965, masonry construction Land Size: 16,105 sf Sales Price: $480,000, or $250.52 psf Reception No.: D9000162 Closing Date: 12/31 Grantor: Elias B. Andrade Grantee: Big Time Properties LLC (Anthony Acosta, mgr.) Financing: Cash Comments: Listed by John Hernandez Realty, Desiree Flores, 720-338-8107 Comp…

John Winslow

January 17, 2019

Englewood retail condominium investment on South Broadway sold for $2.25 million

Arapahoe County Property Location: 3401 S. Broadway, Englewood, “Broadway Lofts” Property Description: 6,073-sf retail condo building, YOC 2017, masonry construction Land Size: 7,576 sf Sales Price: $2.25M, or $370.49 psf Reception No.: D9000352 Closing Date: 1/2 Grantor: Drake Englewood Partners LLC (Jonathan Power, mgr.) Grantee: Gardner Development LLC (Sheldon & Amber Gardner, mgr.), Montrose Financing: $1.55M @ 5.5% payable to FirstBank,…

John Winslow

January 16, 2019

South Broadway retail sells for $311 per sf

A fully renovated, multitenant property along South Broadway in Englewood recently traded hands for $311 per square foot.

Jennifer Hayes

January 13, 2019

Longtime Denver plumber acquires building near West 29th & Sheridan for $1.7 million

Denver County Property Location: 5005 W. 29thAve., Denver Property Description: 3,651-sf, three-bay auto service garage, YOC 1973, masonry Land Size: 13,034 sf Sales Price: $1.7M, or $465.63 psf (improvements), or $130.43 psf (as if vacant) Reception No.: 2019001319 Closing Date: 1/4 Grantor: Vigil Holdings LLC (Joe Vigil, mgr.), 303-477-0210 Grantee: 5005 W. 29thAve LLC (John Ward, mgr.), 303-232-6611 Financing: Cash Comments:…

John Winslow

January 11, 2019

The changing buyer profile of retail properties

The parties at the closing table for retail properties in Colorado are drastically different today compared to the past. As Colorado’s economy continues to accelerate and its population continues to grow, investors

CREJ

January 8, 2019

Private capital retail sector: What are we selling?

Private capital, multitenant retail investment offerings have never experienced such a wide range of valuations. Pick any metric; the statement will apply: cap rate, price per square foot, projected internal rate of return, etc.

CREJ

January 8, 2019

South Carolina firm assembles RiNo properties for $10.1 million

Denver County 1. Property Location: 2620 Walnut St., Denver, "10 Barrel Brewing Restaurant" Property Description: 9,375-sf restaurant, YOC 1929, brick construction Land Size: 9,397 sf Sales Price: $5M, or $533.33 psf Reception No.: 2019000372 Closing Date: 12-20-18 Grantor: North of the Border LLC (Kenneth Wolf, 75%, & Ari Stutz, 25%) Grantee: Rino Edens LLC (Jodie W. McLean,…

John Winslow

January 7, 2019

Social club/bar/restaurant in Aurora sells for $1.51 million

Arapahoe County Property Location: 15821 E. Centretech Circle, Aurora Property Description: 9,120-sf social/recreation building, YOC 2003, brick/stucco Land Size: 1.5 acres Sales Price: $1.51M, or $165.02 psf Reception No.: D8119764 Closing Date: 11/30 Grantor: Retired Enlisted Association, Chapter 39, Charles D. Baum, pres.) Grantee: Robert Martinez, Aurora 80018 Comments: Listed and sold by Sandra Fish of Fish Realty,…

John Winslow

January 3, 2019

Retail buildings in Old Town Englewood snagged by Aurora businessman

Arapahoe County Property Location: 4300-4318-4320 S. Broadway, Englewood Property Description: 976-sf retail building, YOC 1926, with 3 parking spaces; 2,086-sf retail building, YOC 1951, with four surface parking spaces; & 1,878-sf retail building, YOC 1928, with four parking spaces – three buildings total 4,940 sf Land Size: 9,375 sf Sales Price: $825,000, or $167 psf Reception…

John Winslow

December 31, 2018