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Industrial Investment Property in Denver Colorado Sells for $2,075,000

Posted by Unique News Team on December 9, 2016
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Englewood, CO (November 30, 2016 ) — Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 1200 West Dartmouth Avenue in Englewood, Colorado. The Seller was Dartmouth Partners, LLC, and the Buyer 1200 W. Dartmouth Holding Company, LLC. The Property sold for $2,075,000 and Greg Knott, Executive Vice President and Zach Smith, Broker Associate with Unique Properties represented the seller in this transaction.
1200 West Dartmouth Avenue was built in 1994 and is located on the corner of Dartmouth Avenue and South Platter River Drive, offering tremendous exposure and identity from Santa Fe Drive. The building is currently 100% occupied by BlueLine Equipment Rental, which is one of North Americas dominant construction equipment rental and sales companies. BlueLine have just signed a 5 year NNN lease extension, offering a good, stable return to the buyer.
This rare free-standing 8,098 square foot building is situated on an expansive 1 acre lot with outdoor showroom and storage areas, on an entirely concrete paved site in the heart of the Englewood Industrial Park which is close to RTD light rail and many retail stores.