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Unique Properties’ Brett MacDougall & Michael DeSantis Arrange $4.1M Industrial Investment Sale in Established North Denver Location

Posted by Unique News Team on June 7, 2019
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6400 N Washington

Denver, CO  (June 4, 2019 ) —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 6400 Washington Street, located in Denver, CO. The property sold for $4,100,000 with a 7.35% cap rate. The Buyer, Gibraltar Property Management, and the Seller, North Denver Group Co-Tenancy, were both represented by Brett MacDougall & Michael DeSantis, Senior Broker Associates with Unique Properties, Inc. / TCN Worldwide.

The property consists of a 14,540 SF industrial service & rental center on 4.67 Acres and was fully leased to United Rentals, who has been operating here since 2001 under an Absolute NNN lease. The property features a large storage yard, oversize drive-in doors and a showroom area. The tenant has under 5 years left on its current term, with multiple options to extend, however the buyer was motivated due to the property’s strategic location off I-25 & 58th Ave.

To schedule an interview with a Unique Properties Broker regarding this transaction, please contact: Brett MacDougall at 303.321.5888 or bmacdougall@uniqueprop.com

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