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Denver, Colorado Multi-Tenant Industrial $13.7M 1031 Exchange

Posted by Unique News Team on September 28, 2017
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Denver, CO  September 28, 2017—Unique Properties, Inc. / TCN Worldwide, Colorado’s most experienced, privately held, full-service commercial real estate brokerage firm, is proud to announce the sale of 3728-3730 Wheeling St, Aurora, CO 80239, and 3610-3640 Chambers Rd, Aurora, CO 80011.

Brandon Paxton represented the Seller, Wheeling Service Center LLC, in the sale of the multi-tenant industrial property at 37th & Wheeling St, known as Wheeling Service Center. The property is a seven building complex consisting of 121,400 Square Feet located at the SW corner of Interstates 70 & 225. Units range from 1,800 Square Feet to 3,600 Square Feet, with approximately 56 tenants at time of sale. This was an off-market transaction, and represented the Seller’s downleg of the 1031 exchange.

To complete the 1031 exchange, Wheeling Service Center LLC purchased 3610-3640 Chambers Rd, Aurora, CO 80011. Located near the intersection of I-70 & Chambers Rd, the property consists of a ±12,000 Square Foot sales and service building on 11 acres, and 100% leased to Lazydays RV Center of Denver. The two transactions combined for a total of $13,785,000.00.

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