NavPoint Real Estate Group Sells Four Building Portfolio in Brighton

2018-08-03 12:00:00

Castle Rock, CO, August 03, 2018 -- NavPoint Real Estate Group is pleased to announce it has completed the sale of a mixed-use portfolio of four buildings on Main Street in Downtown Brighton, totaling 37,392 square feet. The first property closed in July 2017 while the last closed in July 2018. The portfolio consisted of:

· 50 N Main – 9,192 SF two-tenant retail building occupied by a local restaurant and gym. The transaction closed on 7/24/17 at a sales price of $905,000. The property was purchased by a local investor.
· 130 S Main – 8,500 SF two-tenant income producing flex/retail building occupied by two daycare providers. The transaction closed on 1/23/18 at a sales price of $840,000. The property was purchased by a local investor.
· 29 N Main – 7,200 SF multi-tenant office/retail building. The transaction closed on 6/20/18 at a sales price of $530,000. The property was purchased by an owner/user.
· 33 N Main – 12,500 SF single tenant industrial/retail building. The transaction closed on 7/9/18 at a sales price of $772,500. The property was purchased by an owner user.

All four properties are conveniently located in the Historic District of Downtown Brighton. Matt Call and Jason Mayer of NavPoint Real Estate Group represented the seller in all four transactions.

NavPoint Real Estate Group is a comprehensive Commercial Real Estate Services Firm that provides services including Exclusive Brokerage Representation, Property/Asset Management, and Consulting, throughout Colorado and the Western US covering all Commercial Property types. NavPoint brings an experienced team to every assignment using a broad understanding of the national Commercial real estate market and acute local knowledge to add value for its clients.

NavPoint Real Estate Group is based in Castle Rock, Colorado. The firm handles commercial real estate sales, leasing and investment in all property types with market coverage through Colorado and is currently involved in the exclusive brokerage or management of over 2,000,000 SF of commercial real estate. To contact NavPoint Real Estate Group, please call the main office at 720.420.7530 or email at [email protected] The Company’s website can be found at www.navpointre.com