Address/Location: North side of W. 100th Avenue, 500 feet east of the Church Ranch Boulevard intersection with W. 100th Avenue (8525 W. 100th Ave.), Westminster
Improvements: Vacant retail site; plan to build coffee shop
Land Size: 20,939 sf
Reception No.: 20180000931
Price: $350,000, or $16.71 psf
Grantor: Church Ranch Crossing LLC, Tim Hadjis, mgr.
Grantee: Z&N Coffeehouse Companies Inc., Brandon Knudsen & Natalie Lord, mgrs., 303-682-5120
Financing: $200,000 payable to FirstBank @ 5.5%, due in 1 year
Comments: Listing brokers were Zander Rodriguez & Andrew Fox of David Hicks & Lampert, 303-694-6082. The buyer was represented by Annah Moore & Steve Stoecker of CBRE (Fort Collins), 970-372-3853. Ziggi’s Coffee is based out of Northern Colorado (www.ziggiscoffee.com) and has stores in Loveland, Longmont, Henderson, Firestone & Lakewood. In October 2017, it expanded into the Arizona market.
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 [email protected]