NavPoint Real Estate Group Closes Hotel & Retail Land in Golden, CO
navpoint / February 27, 2017
NavPoint Real Estate Group is pleased to announce the sale of 3.02 acres to Origin Red Rocks a boutique hotel offering 123 rooms and 5.0 acres of retail land to Avalanche Harley-Davidson. The seller was Gateway Investments an investment entity founded by Northstar Commercial Partners. The buyers were Golden Hotel Group, LLC and Avalanche Harley-Davidson. Heather Taylor and Matt Call of NavPoint Real Estate Group represented the seller. These deals successfully closed in December 2016. Avalanche Harley-Davidson is estimated to employ up to 90 people and host more than 100 events each year, catering to the local motorcycle community. The Avalanche Harley-Davidson dealership will sell and lease both new and used motorcycles with full motorcycle service and financing, as well as a fully stocked retail store. The Origin Red Rocks hotel will cater to Red Rocks Amphitheater and many other customers exploring beautiful Colorado. Gateway Village encompasses 22 acres designated for mixed-use development such as retail, restaurant, bar, and event space located at I-70 Exit 259 and Hwy. 40, just west of the I-70 and 470 junctions. This new, regional retail project will also include a hotel, gas station convenience store, dining, and much more! There is still room in the retail project which is almost 50% preleased and a few pad sites available for sale or build-to-suit. It has high visibility from both routes with extremely high traffic counts and is adjacent to the RTD Dinosaur Park and Ride lots.
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