|Total SF:||11,232 SF|
Gateway Park IV, a 11,232 SF Class B retail center located at Lewiston Street and E 40th Avenue has sold for $2,600,000 on May 7th.
David Marulli and Nick Nickerson of Trevey Commercial Real Estate representing the seller, DCL Concepts, LLC, and Rob Gonzalez with realty One Group Premier representing the buyer, Lewiston Street Holding Company, LLC.
The center was 27.53% leased at time of sale with two vacancies. This investment provides a unique opportunity for Cross Culture Church to locate themselves in a 1st class location with existing income from 7-11 and Jimmy John’s.
Located in one of Denver’s highest density hotel districts with approximately 3,000 hotel rooms within 1 mile, Gateway Park IV has direct access to I-70 & Pena Blvd and is adjacent to Gateway Park Rail Station offering access to DIA and Union Station
The sale of 3995 Lewiston Street continues a record-setting sales year for the Trevey team as we strive to provide the highest-quality service to our buyers and sellers, landlords and tenants in the metro area. For more information on recent transactions, visit www.trevey.com.