Adams County
Property Location: 8402-8406 Clay St., & 8403 & 8707 Bryant St., Westminster
Property Description: 12,720-sf (4) medical office buildings, YOC 1973, masonry construction, “Front Range Medical Office Park”
Land Size: 2.17 acres
Sales Price: $2.99M, or $234.67 per sf
Reception No.: 2016000069951
Closing Date: 8/23
Grantor: Regel Enterprises LLC, M. Jean Leger & Alfred S. Leger, mgr.
Grantee: Advanced Property Services LLC, Ty Correy, mgr.
Financing: $2.24M payable to Bellco Credit Union
Comments: Listed and sold by Sam Leger of Unique Properties Inc.-TCN Worldwide, 303-321-5888. Buyer’s company is Advanced Exteriors, 303-756-7663. The building was recently renovated. Each building is 3,180 sf each as per Adams County Assessor.
See APN: 01719-29-1-03-003, 01719-29-1-03-001 & 01719-29-1-03-004 &
1719-29-01-03-005. The in-place cap rate was slightly under 7% based on 100% occupancy.
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.
