Commerce Park

7000 E. 58th Avenue Denver CO



Property Pictures

Historical Performance Details

  • Acquisition DateFebruary, 1998
  • Total Project Size32,200 SF
  • Acquisition Price$975,000
  • Add. Capital Costs$25,000
  • Total Cost$1,000,000
  • Cost PSF$31.00
  • StatusSold - Aug, 2000
  • Sale Price$1,375,000
  • Sale Price / SF$42.70
  • Ave. Annual Return25%

  • Value added by painting buildings, improving landscaping, replacing roof and renewing tenants at market rates
  • Purchased to complete 1031 tax-deferred exchange reinvestment into low risk property
  • Maintained 95% occupancy during holding period


Comments are closed.

For More Information

Contact Leasing

Email: leasing@matrixgroupinc.com
Phone: 303.333.7500