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Lakewood Office Property Sells for $585,000

Posted by Unique News Team on April 26, 2016
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Lakewood, CO (April 26, 2016) —Unique Properties, Inc., Colorado’s most experienced, is proud to announce the sale of 2500 Youngfield Street, an office building located in Lakewood, Colorado. Phillip A. Yeddis, Senior Broker, represented the Seller.

The sales price was $585,000, or approximately $132 per square foot. The 4,445 square foot office building was built in 1959. The property shows true pride of ownership, sits on 23,958 SF of land, and features abundant parking and signage. The building was 100% leased at the time of sale with a total of 11 tenants with staggered lease terms.

Yeddis represented the Seller, Golden Center LLC. The Buyer was Joann E Skaggs and Larry L Skaggs, Trustees of the Joanne E Skaggs Trust, as part of a 1031 exchange.

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