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NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver

Arvada

• Michael’s of Denver Catering, Inc. leased 2,380 SF of office space in the Marshall Office Park at 6425 W. 52nd Ave for 3 years. Matt Call and Heather Taylor of NavPoint Real Estate Group represented the landlord. This lease was executed in December.

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NavPoint Real Estate Group sells 25,259 SF at 6850 W 52nd Ave in Arvada, CO for $3,000,000

Arvada, CO - NavPoint Real Estate Group is pleased to announce the sale of a 25,259 SF of Office Building, 100% Fully Leased Investment Property at 6850 W 52nd Ave in Arvada. This property is conveniently located off Marshall St, 2 blocks from Interstate 70. The building was constructed in 1998 and is located in the New York Life Lakefront Office Building. The seller was J.A.A.D. Ltd. Liability Company. The purchaser was Texas Escrow Company Inc. as Qualified Intermediary for LAIT Texas, LLC. Matt Call and John Witt of NavPoint Real Estate Group represented the buyer. This transaction successfully closed January 2, 2015.

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NavPoint Real Estate Group sells Single Tenant Industrial Building in Castle Rock for $1,975,000

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce the sale of 1050 Topeka Way a Single Tenant Industrial/Office Building in Castle Rock. This 15,683 SF building is located off of Plum Creek Pkwy 3 blocks from Interstate 25. The building was constructed in 2002, and is located in the Citadel Station development. The property is occupied in its entirety by Max Fire Apparatus. The seller was RHI, LLC, the purchaser was TJTM Castle Rock, LLC. Matt Call of NavPoint Real Estate Group handled the sale. This transaction successfully closed in late December for $1,975,000 or $126/SF.

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NavPoint Real Estate Group sells 15,360 SF at 5005 W. 81st Place Westminster, CO 80031 for $330,000

Westminster, CO - NavPoint Real Estate Group is pleased to announce the sale of the 15,360 SF at 5005 W. 81st Place in Westminster. This building is conveniently located off Sheridan Blvd and 81st Place. The building was constructed in 1984, a four story office building, with beautiful mountain views, and had existing rental income in place. The seller was 81st Place, LLC, a Colorado limited liability company. The purchaser was Nieber Golf Deveopment LLC, a Colorado limited liability company. Matt Kulbe and Heather Taylor of NavPoint Real Estate Group represented the seller, and Matt Call of NavPoint Real Estate Group represented the purchaser. This transaction successfully closed December 5, 2014.

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NavPoint Real Estate Group Executes Lease Transactions Across Metro Denver

Castle Rock

• Ochsner Properties, LLC leased 2,500 SF of retail space in Wilcox Office Building at 725 N Wilcox St. for 5 years. No Limits PT, LLC offers Physical Therapy, wellness programs, and sells PT related products. John Witt of NavPoint Real Estate Group represented the landlord. This lease was executed in November.

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NavPoint Real Estate Group sells 2,450 SF of warehouse space at 185 Caprice Court Unit #A for $289,000

Castle Rock, CO - NavPoint Real Estate Group is pleased to announce the sale of the 2,450 SF Warehouse Condo at 185 Caprice Court Unit #A in Castle Rock. This condo is conveniently located off E Wolfensberger, two blocks from Interstate 25. The building was constructed in 1984, has an open warehouse/showroom space with bathroom, and excellent highway visibility. The seller was Diane VanEssen. The purchaser was AircraftClubs.com Individual 401(k) Plan FBO Timothy F. Dumler. Matt Call of NavPoint Real Estate Group handled the transaction. This transaction successfully closed October 29, 2014.

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NavPoint Real Estate Group sells 2,450 SF of Office Space at 469 S. Cherry St. #201-203 Denver, CO 80246 for $455,000

Denver, CO - NavPoint Real Estate Group is pleased to announce the sale of the 2,450 SF Office Suite at 469 S. Cherry St. #201-203 in Denver. This Suite is conveniently located off S. Leetsdale Dr. and S. Cherry St. The building was constructed in 1979, located in Cherry Creek and recently remodeled suite-reception, conference room, 4 offices, and open work area. The seller was 469 Suite 100, LLC, a Colorado limited liability company. The purchaser was Lowry Speech Therapy, LLC, a Colorado limited liability company. Matt Call and Heather Taylor of NavPoint represented the seller. This transaction successfully closed October 31, 2014.

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NavPoint Real Estate Group sells 2,184 SF of Office Space in the Research Professional Condo at 8540 Scarborough #370 for $470,000

Colorado Springs, CO - NavPoint Real Estate Group is pleased to announce the sale of the 2,184 SF Office Condo at 8540 Scarborough #370 in Colorado Springs. This condo is conveniently located off Research Pkwy, 1 mile from Interstate 25 with excellent location between Penrose St. Francis and Memorial North Hospitals. The unit was constructed in 2007, a high quality class A medical office space with efficient layout with many upgrades. The seller was David A Richman Living Trust. The purchaser was Pensa Colorado, LLC. John Witt of NavPoint Real Estate Group represented the seller. This transaction successfully closed November 13, 2014.

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NavPoint Real Estate Group Executes Sale of Multi-Tenant NNN Investment Property

Loveland, CO - NavPoint Real Estate Group is pleased to announce the sale of 3850 – 3880 N. Grant in Loveland, for $3,535,000. This multi-tenant NNN Investment property comprises two medical office buildings located on the corner of Highway 287 and W. 39th St. The building at 3850 N. Grant is a 15,150 SF two story building, built in 1996. The building at 3880 N. Grant is a 8,940 SF single story building, built in 1999. This 24,040 SF multi-tenant investment is fully leased, tenants include; A Step Ahead Foot & Ankle Center, Loveland Family Practice, Urgent Care, High Plains Physical Therapy, Colorado Health Medical Group, Banner Medical Clinic, and more. The seller was SK Sun, LLC, a Colorado limited liability company, and the buyer was DDIT Texas, LLC, a Texas limited liability company. Matt Call and John Witt of NavPoint Real Estate Group represented the buyer. This transaction successfully closed October 30, 2014.

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NavPoint Real Estate Group Executes Lease of 6,067 SF at Westbrook Shopping Center

NavPoint Real Estate Group is pleased to announce Battle Dartz, Inc., executed a lease of 6,067 SF of retail space in Westbrook Shopping Center located at 9100-91400 W 100th Ave., Bldg. A Unit A11, for 5 years. This property is located on W. 100th Avenue and Wadsworth Parkway, providing excellent visibility and signage. Westbrook Shopping Center is shadow anchored by King Soopers, with current tenants including; Ludwig Martial Arts, Hot Stone Massage, 911 Driving School, Farmers Insurance, State Farm, Stellar Salon, G’s Bar & Grill, and Westbrook Liquor Store. Battle Dartz will offer the ultimate indoor Nerf battle arenas including GlowDartz; Melee Play; Capture the Flag and much more! Matt Call and Heather Taylor of NavPoint Real Estate Group represented the landlord. Matt Kulbe of NavPoint Real Estate Group represented the tenant. This lease was executed in October.

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