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Two Industrial / Condos Sell

Posted by Unique News Team on March 9, 2016
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Aurora, CO (March 1, 2016) — Phillip A. Yeddis, Senior Broker and Alexander C. Segalas, Broker Associate, of Unique Properties, Inc., Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, recently represented the owners in two Industrial / Condos sales totaling 7,432 square feet with a total consideration of $871,000.

The first property, located at 171 South Van Gordon Street, Units E & F in Lakewood, Colorado closed for $536,000. The 4,432 square foot, concrete tilt-up, industrial / flex condominium was built in 1981. At time of sale, the two-unit property obtained two secure tenants with long-term leases. The property features 11 off-street parking spaces and great corner curb appeal. The property was purchased as an investment asset from the seller, Judy M. Lee Living Trust.

The second property is located at 410-412 Norfolk Street in Aurora, Colorado. The seller, Igloo 410 LLC, was represented by Yeddis and Segalas and was acquired by James H. Carpenter for $335,000. The two-unit brick industrial condominium totaled 3,000 square feet with 1,500 square feet leased to tenants that have a small fenced yard. The building was constructed in 2002 and is situated on a 1.04 acre site.

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