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Denver Highlands, Tennyson Street Retail Property Sells for $3.1M

Posted by Unique News Team on September 27, 2016
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Denver Highlands, Tennyson Street Retail Property Sells for $3.1M
Gannon Roth brokered the transaction between the Seller and the Buyer/local developer

Denver, CO  (September 26, 2016) —Unique Properties, Inc. / TCN Worldwide is proud to announce a Denver Highlands, Tennyson retail property has sold for $3,100,000. The five-building retail property is located in the highly desirable Denver Highlands neighborhood. The Property is situated in the Highlands’ historic Tennyson Street in the vibrant retail corridor of Denver’s Berkeley neighborhood. The sale included 4210 – 4220 North Tennyson Street, totaling five buildings on .45 acres that overlook Caesar Chavez Park.

The property was purchased by Laxmi Properties, LLC, a local Buyer/Developer led by Alex Khandelwal on September 14th, 2016 from a local owner for $3,100,000 under 100% occupancy.

Khandelwal plans to develop the property in context with the original character and form of the surrounding neighborhood and arts district.

Gannon Roth, Senior Broker at Unique Properties, Inc/TCN Worldwide was the transaction broker between both the Buyer/Developer and the Seller in the off market transaction.

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