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Page 18 - January 3-16, 2018
Boulder County & U.S. 36 Corridor
8th800 on
AVENUE
Information contained herein is
not guaranteed. Buyer is advised
to verify all information as
it is subject to change.
INVESTMENT
OPPORTUNITY
G R E E L E Y, C O L O R A D O
JimMokler, SIOR
Broker | Owner
970.217.9892
PURCHASE PRICE
$3,275,000 ($47/SF)
Building Square Footage
69,523 SF
• Low vacancy market
• Exciting new vibe in
Downtown Greeley
• Over $1,000,000 in
new renovations
Value add investment property
for sale in developing downtown
Greeley, Colorado. Office and Retail
square footage with a growing
tenant mix and immediate proximity
to restaurants, entertainment, new
Double Tree Convention Center and
Hotel and City/County Buildings.
• Motivated Seller
Contact Jim Mokler for details.
(970) 217-9892
by Jill Jamieson-Nichols
A small-tenant industrial/
flex building in Broomfield
sold to a Boulder investor for
$4.75 million.
One Earth Future Foundation
Inc. sold the 66,740-square-
foot building at 555 Alter St.
to 3200 LLC. The building
was approximately 96 percent
leased to tenants that average
around 4,000 sf, according to
Matt Emmons of NAI Shames
Makovsky, who represented
the seller.
T e n a n t s
include auto
repair busi-
nesses, dis-
tributors, a
CrossFit gym
and doggie
day care.
The build-
ing was constructed in 1967
and expanded in 1990.
The property drew good
activity from investors,
Emmons said. “There aren’t a
lot of assets available in that 36
corridor, especially in Broom-
field, so we got a lot of inter-
est,” he commented.
Other News
■ CWC Asset Advisors of
San Diego purchased North
Hover Centre at 1751 N. Hover
Road in Longmont for $4.5 mil-
lion. North Hover LLLP was
the seller.
The 19,297-square-foot retail
center was 100 percent occu-
pied at the time of the sale. Ten-
ants include Massage Heights,
Pinocchio’s Italian and Ziggi’s
Coffee.
Stacey Glenn and Stuart Zall
of The Zall Co. and Cobey
Wess of SVN/Denver Com-
mercial’s Northern Colorado
division handled the transac-
tion. The Zall Co. also handled
retail leasing for the center.
■ Nuckols Holdings LLC paid
$1.2 million for an industrial
property at 1270 Rock Creek
Circle in Lafayette.
The property consists of a
two-story, 2,375-sf office build-
ing and a 4,800-sf office/ware-
house on 1.54 acres. An asphalt
company plans to relocate the
property, which has a large,
fenced yard and was vacant at
the time of the sale.
David Gagliano, Robert Pip-
kin and Jeff LaForte of Fuller
Real Estate handled the trans-
action.
■ Sagebrush Cos. chose to
help address the city of Boul-
der’s homelessness strategy
when it sold a property at 2691
30th St. to ALR Investments
for $4.25 million earlier this
year.
The 13,200-sf building on 0.94
acres formerly housed Robb’s
Boulder Music. It received mul-
tiple offers. Sagebrush, which
specializes in value-add real
estate investments and new
development, decided to sell to
ALR, led by Don Altman , who
has specialized in affordable
housing in Boulder. The site
The building at 555 Alter St. in Broomfield is leased to small tenants.
Matt Emmons
by Jill Jamieson-Nichols
The Lazydays RV center
along Interstate 25 in Long-
mont sold to an investor for
$3.09 million.
Aspen Capital Partners LLC
purchased the property at
10683 W. Interstate 25 Frontage
Road fromDS Real Estate LLC.
The RV facility consists of a
16,466-square-foot sales and
service center on 5.71 acres.
Lazydays has operated there
since 2015 and has an abso-
lute net lease with four five-
year options. The property is
located just south of Highway
119, fronting I-25.
“We had a
lot of inter-
est on it. A
lot of people
like the loca-
tion, given it
has highway
frontage on
I-25,” said
Brett MacDougall of Unique
Properties Inc.-TCN World-
wide, who represented the
seller with Marc Lippitt, also
of Unique Properties.
“It’s a very functional, flex-
ible property, and it has a very
strong tenant in it, which I
think was most appealing to
people,” MacDougall said.
Phil Yeddis and Alex Sega-
las, both of Unique Properties,
represented the buyer in the
transaction.
The property sold $10,000
over the asking price. The cap-
Brett MacDougall